Hover announces DeFi infrastructure Project Lever
On February 2nd, Hover announced the launch of Project Lever, which is a DeFi infrastructure within the Hover ecosystem. It provides real returns and is the first DeFi staking solution on the Kava Chain, including various storage strategies such as fixed income, leveraged staking, and volatility hedging. Project Lever users can deposit funds into a smart wallet and choose different storage strategies. Hover deploys strategies for each smart wallet to maximize investors' actual returns.
Project Lever prevents Hover from relying solely on token issuance, maintaining the ecosystem's TVL and providing users with more security and use cases.
In addition, Hover has chosen Pythnet as its primary Oracle service to ensure accurate pricing of initial market assets and provide high-quality data sources. Hover will also collaborate with Kava's DEX (WAGMI) to ensure stable and healthy market operations through efficient settlement.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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