The Phoenic Leveller platform introduces leveraged liquidity trading, offering traders more flexibility and opportunities for increased returns.
Miracle Cash & More, a leader in decentralised finance (DeFi) solutions, has officially launched its new liquidity pool, Phoenic Leveller, on the Avalanche blockchain. This innovative platform is the first in the DeFi space to offer leveraged liquidity trading, providing traders with the flexibility to increase their positions and aim for greater returns.
Unlocking New Trading Strategies with Leveraged Liquidity
Phoenic Leveller enables traders to leverage their liquidity, allowing them to borrow and trade larger positions. This feature sets the platform apart from traditional liquidity pools, where users typically provide liquidity without the option to leverage. By using this platform, traders can unlock higher returns and employ more dynamic trading strategies.
Phoenic Leveller is powered by the Avalanche blockchain, which offers high scalability, low fees, and fast transaction times. Whether traders are new to DeFi or experienced professionals, they will benefit from a seamless and efficient trading experience.
A Secure and Scalable Solution
“We’re incredibly excited to introduce leveraged liquidity trading through Phoenic Leveller,” said Hakan Törehan, CEO of Miracle Cash & More. “This innovative product, born from our Code Node investors, is set to become an on-chain NFT and marks a pivotal advancement in the DeFi space. By integrating with Avalanche, we’re providing traders with a secure, scalable, and dynamic environment to maximise opportunities. It’s a true game-changer in how people engage with decentralised finance.”
The launch of Phoenic Leveller is accompanied by Miracle Cash & More’s strategic partnership with Ingenico, a global leader in POS networks. This partnership further highlights the company’s commitment to shaping the future of financial technology.
Benefits for Phoenic Leveller Users
With leveraged liquidity trading, traders can access more capital and potentially increase their returns. This flexibility allows for more effective risk management and capital efficiency. Miracle Cash & More’s platform is designed to make these advanced features available to both novice and seasoned traders. The platform’s low fees and quick transaction processing enhance its overall efficiency and accessibility.
Smart Contracts Ensure Transparency and Security
The platform uses smart contracts to automate transactions, providing users with a high level of transparency and security. This gives traders the confidence that their liquidity and trading positions are protected within a robust blockchain framework.
Phoenic Leveller is part of Miracle Cash & More’s broader vision to expand its DeFi offerings. By integrating advanced trading capabilities into its platform, the company is positioning itself as a leader in decentralised finance innovation.
The Phoenic Token plays a critical role in the platform’s ecosystem. Miracle Cash & More’s buy-back plan helps maintain the token’s value, and users can trade Phoenic Tokens for other cryptocurrencies, providing additional liquidity and flexibility within the ecosystem.
