Decentralized finance (DeFi) platform LeverFi (LEVER) received a $2 million investment from market maker DWF Labs.
LeverFi from leading market maker DWF Labs 2 million dollars worth of investment. In an official announcement made on the project’s blog page, details of the investment, which will be kept locked for two years and will be under the authority of the LeverFi team, were included. The team said that this funding protocol innovation, marketing campaigns And to user acquisition He emphasized that it will be spent on
However, DWF Labs not only invested and promise to provide liquidity He also gave. Sharing that DWF Labs will provide liquidity for LEVER trading pairs on exchanges, the LeverFi team said that this is more a healthy market structure He reminded me that it was important for me.
We’re excited to share that LeverFi has received a $2 million investment from DWF Labs, one of Web3’s largest market makers. This investment, which has been locked and authorized for two years, represents our shared commitment to further DeFi innovation. These new funds will be directed towards protocol innovation, marketing campaigns and user acquisition.
The team also received this from DWF Labs $2 million In addition to investment, when necessary in two years can be requested at any time 2 million dollars worth OTC commitment took.
In line with this investment received new exchanges, liquid ventures And expert marketing partners It was stated that negotiations have already started.
Sudden movement in price
According to CoinGecko data, LEVER has traded in the last 12 days. 62% rose. However, with the announcement, the LEVER price increased first. 7% rising and then to 11% It experienced almost a pump-dump by experiencing a decline of up to 60%. LEVER, at the time of writing from $0.00178 finds buyers.