The main sources of income for the LEVER coin project $LEVER include the following aspects:
Transaction Fees: LeverFi, as a decentralized leveraged trading platform, derives one of its main sources of income from transaction fees. When users engage in leveraged trading on the platform, transaction fees are incurred, which constitute a significant part of the platform's income.
Liquidity Mining Incentives: LeverFi attracts users to participate through liquidity mining, with 40% of the tokens allocated for liquidity mining. This means that the platform allocates a portion of tokens as incentives to encourage users to provide liquidity for the platform, which is also a source of the platform's income.
Lending Interest: LeverFi allows users to deposit funds into the lending pool and earn interest from traders engaging in leveraged trading. This is another source of income for the platform, as it can generate interest income from lending activities.
Reinvestment of Unused Liquidity: Any unused liquidity from lenders will be deposited into other DeFi protocols to generate additional returns, which is also part of the platform's income.
Governance Token Value Capture: LeverFi's governance token LEVER has the opportunity to capture protocol value through governance or serve as a utility token. For example, holding LEV can reduce transaction fees, and staking LEV can yield a portion of transaction fee revenues, etc.
Protocol Rewards: Users can exchange xLEVER tokens for shares of protocol rewards, which come in the form of ETH and LEVER, representing another aspect of the platform's income.