Simplifies the process of obtaining leverage on $XTZ

Leverage simply refers to using borrowed funds to amplify your financial takes.

If you believed $XTZ is going to go up/low in price, how would you be able to take advantage of this conviction other than just buying $XTZ with your money ? Borrowing more money and buying $XTZ with the borrowed money(/leverage). This. is a common strategy applied throughout the history of financial systems, also known as leveraged trading.

Kolibri is a stable-coin system that lets you put up $XTZ as collateral, and borrow a stable-coin, $kUSD against it.

LevTez takes advantage of batch transactions and simplifies the whole process of obtaining leverage. The individual steps to obtain leverage through Kolibri would look like this -

1. Deposit $XTZ on Kolibri.
2. Borrow $kUSD on Kolibri.
3. Swap the borrowed $kUSD to $XTZ on Quipuswap(or your DEX of preference).
4. Deposit the swapped $XTZ back on Kolibri.

LevTez does all of the above for the user, in one-click. -->

<-- Coming soon -->