We are excited to announce the launch of OLE Token V2 and the integration of the Layerzero OFT Bridge, marking a significant milestone in our journey towards an efficient DeFi ecosystem with an omni-chain strategy. This update comes as a direct response to the change in the industrial landscape and the evolving needs of our community.

The Vision Behind OLE Token V2

OLE Token V2 represents our commitment to innovation and adaptability in the ever-evolving world of decentralized finance. The integration of the Layerzero OFT Bridge as a multichain bridge replacement is a strategic move towards enhanced interoperability and scalability.

Key Changes:

1. Multichain Bridge Replacement with Layerzero OFT: By leveraging the Layerzero OFT bridge, OLE Token V2 sets a new standard for cross-chain interactions, allowing for smoother and more secure transactions across multiple blockchain networks.
2. Migrating BUSD and USDC.e to USDC: In line with the community's decision here, we are sunsetting BUSD and USDC.e and migrating the liquidity to OLEv2/USDC. This change reflects our dedication to staying aligned with the community's preferences and market trends.
3. Seamless v1 to v2 Migration: The migration process from OLE Token V1 to V2 has been meticulously developed over several months to ensure a smooth transition for all users. While some manual steps are required, our core contributors have automated much of the process to minimize user effort and maximize efficiency.

Migrating from OLE Token V1 to V2

Every V1 token can be exchanged for a V2 token on a 1:1 basis, and there is no tokenomics change on allocations or emissions along with migration.

We have developed an intuitive Migration Wizard to assist users throughout this process. This tool simplifies the migration, allowing it to be completed in minutes.

• For BNB Chain users: bnb.openleverage.finance/app/convert
• For Arbitrum users: arbitrum.openleverage.finance/app/convert
• For Ethereum users: eth.openleverage.finance/app/convert

Migration Timeline

• Start Time: Tue, 5 Dec 2023 @10am UTC
• End Date: Mon, 4 Mar 2024 @10am UTC
• Migration Period: 90 days

Post-Migration

• End of V1 Support: After Mon, 4 Mar 2024 @10am UTC, V1 tokens will not be supported or converted to V2, and no liquidity will be available.
• Centralized Exchange Policies: It is anticipated that centralized exchanges (CEX) will stop accepting deposits and withdrawals of V1 tokens after migration. We are working with CEXs to ensure the transition is smooth, but please ensure you understand the latest policy and procedure of the CEX before depositing and withdrawing OLE tokens.

OFT Bridge Supported by LayerZero

The new bridge enables the movement of tokens between prominent EVM-compatible chains such as Ethereum, BNB Chain, and Arbitrum without any bridge fees. Gas fees are still applied for transferring tokens between two chains. This marks a significant step towards reducing the cost barriers traditionally associated with cross-chain transfers.

Bridge Access:

• For BNB Chain users: bnb.openleverage.finance/app/bridge
• For Arbitrum users: arbitrum.openleverage.finance/app/bridge
• For Ethereum users: eth.openleverage.finance/app/bridge

Liquidity Replacement

To align with our latest tokens, we are restructuring our supported liquidity pools for xOLE, and all the locked liquidity will be migrated automatically on Tue, 5 Dec.

• On the BNB Chain, we will transition the BUSD/OLE(v1) liquidity on PancakeSwap V2 locked in xOLE to USDC/OLE(v2) on PancakeSwap V2.
• On Arbitrum, the existing USDC.e/OLE(v1) LP on SushiSwap V2 locked in xOLE will be upgraded to USDC/OLE(v2) on SushiSwap V2.

You must manually remove your liquidity for those providing liquidity on other liquidity pools and protocols (e.g., Uniswap v3, PancakeSwap v3).

Locking and Withdrawing from xOLE will be operational and unaffected before and after migration.

The Closure of KCC Deployment

We have decided to close our KCC deployment as part of our strategic realignment. This move allows us to concentrate our resources and efforts on platforms that align more closely with our long-term vision and the current market dynamics.

Token migration on KCC:

• You can convert the OLEv1 token to the OLEv2 token on Arbitrum via Wizard at kcc.openleverage.finance/app/convert.
• If you have xOLE holding on to KCC, you can unlock your LP on kcc.openleverage.finance/app/staking once the migration starts.

Time of KCC Deployment Unwind Down: Mon, 4 Mar 2024 @10am UTC

Action Checklist

• Close OLEv1/BUSD & OLEv1/USDC.e Positions: Before Tue, 5 Dec 2023 @10am UTC.
• Join OLEv2/USDC Markets: After Tue, 5 Dec 2023 @10am UTC. Participate to enjoy real yields and OLE rewards. A celebratory campaign will be live.
• Check CEX Policies: Regularly review policies on depositing and withdrawing OLE tokens.
• Release LP & Unwind KCC Positions: If you have positions on the KCC, release your LP and unwind these positions promptly.

Audit for V2

V2 contracts are open-sourced and audited by PeckShield.

Need Assistance?

Support is available on Discord & Telegram.

We at OpenLeverage are thrilled to unveil a pioneering partnership with Dmail Network, marked by a unique campaign designed to unite and reward our communities. This initiative is a collaboration and a venture into creating a more cohesive ecosystem between two innovative forces in the Web3 domain.

Empowering Integration with Dual Campaign

Our collaboration is underpinned by a shared vision: to deepen the synergy between our users and to enrich their experience with real benefits. By leveraging each other's strengths, OpenLeverage and Dmail seek to spur collective growth, increase user engagement, and celebrate the dedication of our users through a rewarding system tailored to their participation.

Here's an in-depth look at our dual-tiered campaign:

The Subscriber Reward with OLE

To honor the active participants of our network, OpenLeverage is setting aside 50,000 OLE tokens. These will be distributed among 100 active subscribers of our dedicated Dmail address, https://dmail.ai/sub/openleverage, on the premise that they are also existing users of Dmail. This reward will be selected through a random draw from the subscriber pool provided by Dmail, adding a thrill of chance to our community's engagement. Winners will claim their OLE tokens via the OpenLeverage platform, seamlessly integrating with our service.

Exclusive NFT Domain Giveaway

Complementing our token initiative, Dmail will generously offer 100 NFT domains reserved for loyal OpenLeverage users who are subscribers to https://dmail.ai/sub/openleverage. The OpenLeverage team will ensure a fair selection by filtering current OpenLeverage users from new subscribers, after which the Dmail team will conduct the selection process. This will solidify the relationship between our users and platforms, providing a seamless experience across both ecosystems.

When the Campaign End

The campaign ends on 16 Nov, Thur 23:00 UTC.

Steps to Claim Your Rewards

Eligible winners can initiate the claim process for the OLE tokens at [OpenLeverage Rewards](https://bnb.openleverage.finance/app/rewards).

To receive your Dmail NFT Domain, winners will follow the claiming procedure at [Dmail Presale](https://mail.dmail.ai/presale).

Spotlight on Dmail Network

Dmail Network has emerged as the leading Web3 communications platform, orchestrating an AI-driven decentralized infrastructure. They offer encrypted email services, a unified notification system, and targeted marketing solutions spanning multiple chains and applications. With backing from prestigious investors such as HashKey Capital and Draper Dragon, Dmail Network stands out with their win at the 2021 Wanxiang Hackathon and their receipt of the inaugural BNB Chain Grant. They support a myriad of projects and have a rapidly growing user base, now standing at over 4 million.

About OpenLeverage

OpenLeverage is at the forefront of permissionless lending and margin trading protocols, fusing aggregated DEX liquidity for an optimized trading experience. Our protocol facilitates the effortless creation of lending pools, supporting various trading strategies across DEXs. Since our launch in December 2021, we've celebrated surpassing $1 billion in trading volume and have cultivated a strong community with over 130,000 Twitter followers and 30,000 Discord members. As a project incubated by Binance Labs and supported by DWF Labs, Crypto.com Ventures, and other notable investors, we are steadfast in our commitment to security and innovation.

In the constantly evolving DeFi space, projects must display dynamism, adaptability, and a deep understanding of user needs. OpenLeverage has been at the forefront of these principles. With the new epoch dawning this November, we are announcing a significant tokenomics update that stands as a testament to the commitment to community and innovation.

Balancing the Reward Scales

Based on real-time data from the last epoch, OpenLeverage is recalibrating its lending and borrowing rewards. Previously, borrowers had a larger piece of the reward pie. Now, a third of borrowing rewards will be redirected towards lenders to balance the liquidity. This not only ensures fairness but also underscores the platform's responsiveness to evolving user behaviors and the market's dynamics.

Hold xOLE to be Eligible For Rewards

To fortify the platform's stability and further nurture user loyalty, we are unveiling an advanced reward eligibility framework. To be eligible for the epoch rewards, you must have xOLE holdings equivalent to a minimum of 8% of your total lending and borrowed assets.

This change comes with an hourly reward distribution system, allowing you to see a steady increase in rewards, contrasting the earlier dilution experienced over the epoch.

A specially designed dashboard will also be provided with insights into your reward eligibility, a feature that's set to empower you to make informed decisions.

Given the inherent volatility in the crypto market, it is recommended that you maintain an additional buffer of xOLE above the minimum requirement. This proactive approach ensures sustained eligibility amidst market fluctuations in their lending, borrowing assets, and OLE's value. Preparing for these market dynamics allows you to optimize your rewards without constantly adjusting their holdings.

xOLE Boost for lending, trading, and borrowing will still be applied.

Reward Vesting: A 90-Day Journey with Early Exit

The rewards, once earned, embark on a 90-day linear vesting journey. They aren't immediately available; You must initiate the vesting by claiming them. A 21-day window is provided for this claim, post which unclaimed rewards will be forfeited. Once vesting begins, rewards unlock gradually, ensuring users have a consistent inflow over the three months.

For users in need of immediate liquidity, OpenLeverage provides an early exit route from the vesting schedule. However, this convenience comes at a price: early exit penalties ranging from 15% to 90%. The earlier the exit, the heftier the penalty.

But there's a silver lining for those seeking an alternative. Users can pair their rewards with USDC and lock them into xOLE for at least 4 weeks, enabling an early exit without the steep penalties, thereby promoting liquidity and continued platform engagement.

Updated Timeline

• Epoch 25’s reward blueprint, initiating on 2nd Nov @10am UTC, embraces the new structure.
• 90-day vesting will apply to the reward of epoch 24, adopting the early exit paradigm. Vesting claims commerce about 2 weeks later, coinciding with the debut of our OLE v2 Token and the sunset of BUSD. The precise timeline is to be confirmed in a future announcement.

Closing Thoughts

OpenLeverage's latest tokenomics revisions echo its dedication to adaptability, fairness, and user engagement. By blending long-term incentives with flexible options, we are crafting a platform poised for growth and sustainability in a competitive DeFi arena. For new and seasoned users, these changes promise a more engaging, rewarding, and transparent experience, further solidifying OpenLeverage's position in the DeFi space.

This is just the beginning of the changes. Stay with us, for the best is yet to come.

TL;DR

• The platform will transition to full decentralization, governed by a DAO.
• Our tokenomics have been re-engineered to empower permissionless market participants, offering new utilities for the OLE token.
• Smart Vault will be introduced for increased capital efficiency.
• More improvements include the new OLE Bridge with Layerzero OFT, revamped UI, and enhanced mobile support through PWA.
• OpenLeverage V2 is progressively released till the end of 2023.

Since its inception in 2021, OpenLeverage has been steadfast in its mission: to construct a permissionless decentralized finance platform that democratizes access to financial tools for everyone everywhere. We embarked on this journey with the vision of creating a platform that supports an extensive range of over 600 tokens for margin trading, lending, and over-collateralized borrowing. This was more than just a technical feat; it was a call to arms to redefine what's possible in finance.

Building upon this strong foundation, we've continually innovated to provide a robust, scalable, incredibly efficient, and community-driven platform.

As we advance, we are thrilled to announce the launch of OpenLeverage V2, a significant upgrade that marks the next chapter in our ongoing story of innovation, efficiency, and decentralization.

OpenLeverage Today

Thus far, OpenLeverage has achieved significant milestones with smart contracts governed by a multi-sig wallet steered by our dedicated core team. This approach has temporarily balanced flexibility and security, but as we look forward, we see smart contract-based control as the only way to grow the protocol.

Our existing tokenomics model is ripe for refinement to capitalize on permissionless markets' dynamism fully. This will allow us to create a more agile and responsive liquidity framework that tailors to the unique demands of various trading and borrowing scenarios. Likewise, we're eager to further weave the utility of our native OLE token into the fabric of market participation.

Currently, much of our tokenomics operates on an off-chain governance model. While this has been effective, a move towards fully on-chain governance will better align with our overarching vision of a seamless, decentralized financial ecosystem.

As for liquidity, we've observed that it is currently dispersed across multiple markets. This has resulted in some pools reaching high utilization rates, effectively maximizing their potential, while others are yet to be fully utilized. This represents not a shortcoming but an opportunity for us to optimize capital efficiency and meet the needs of our growing user base.

OpenLeverage V2

Fully Decentralized Governance Through DAO
Transitioning from a multi-sig wallet system managed by the core team, OpenLeverage V2 is shifting towards a DAO-based governance model. This move empowers the community, turning users into stakeholders with a genuine say in the platform's development and future.

Redefined Tokenomics
The new tokenomics model is re-engineered to be more adaptive to the permissionless marketplace. From staking and voting to trading for market ownership, the versatile utility of the OLE token will now be more deeply integrated into our ecosystem.

Capital Efficiency With Smart Vault
Capital efficiency gets a substantial upgrade with the introduction of Smart Vault. This innovative feature maximizes liquidity by smartly routing it where it is most needed, ensuring that no capital goes unused or idle.

In addition to the three pillars above, we are exploring to include in the V2 protocol:

• New OLE Bridge with Layerzero OFT
  A crucial part of our cross-chain functionality, this feature ensures the seamless transfer of assets across multiple blockchains.
• User Experience Reimagined
  Ease of use is essential, and we're committed to providing an unrivaled user experience. Expect a revamped UI and better mobile accessibility through PWA, designed to make your OpenLeverage journey smoother and more intuitive.

Through OpenLeverage V2, we aim to eradicate the limitations that have constrained DeFi, propelling the platform into a new era of accessibility, efficiency, and community-centric development.

Timeline

OpenLeverage V2 will be progressively released before the end of 2023. As it represents many critical components and improvements, it will require months of heads-down building and getting them through security audits. We will release more information on the releases over the coming weeks.

Meanwhile, join the Discord #feedback-n-ideas channel discussion to tell us what you think of OpenLeverage V2.

We are thrilled to announce the initiation of our new Affiliate Program at OpenLeverage. This innovative venture reflects our dedication to fostering collaboration, establishing robust communication channels, and simplifying the partnership process with key partners in the DeFi ecosystem.

What kind of projects are we looking for?

Our aim is to build an active, engaging ecosystem that complements our platform's offerings. We're seeking partnerships with:

• Various projects with tokens trading on DEX on BNB/Arbitrum
• Liquidity providers such as Yield Aggregators and Liquidity Mining Protocols
• Traders, including Asset Management protocols, Algorithmic Trading Platforms/Bots, or DeFi Indexes
• Borrowers, including Decentralized Lending Platforms and Yield Aggregators
• Stakers, such as Yield farming protocols
• Tooling providers, including Data Analytics platforms, Listing services, API developers, and other infrastructure-enhancing tools that can elevate our platform’s utility and efficiency

What's the benefits for affiliates?

Our Affiliate Program provides an opportunity to connect and collaborate, complemented by generous incentives:

• A reward of $500 worth of OLE tokens if both projects announce the partnership publicly.
• 50% of the fees and interest generated from the referred market during the first 30 days after the partnership announcement.

How to become an affiliate?

Interested in? Simply fill out the affiliate program application form available here.

For any queries or assistance, you can reach our Ecosystem Development Manager, Rachel, directly on Telegram @Rachel0212.

About OpenLeverage

OpenLeverage is a cutting-edge decentralized finance platform that provides comprehensive lending, borrowing, and margin trading services. Our platform empowers projects by supporting lending, borrowing, and margin trading for any project token.

As a permissionless market, OpenLeverage is more than just a platform; it’s an enabler. It gives project tokens a dynamic space to generate yield, reducing selling pressure and creating an avenue for the community to speculate and hedge risks. This not only amplifies the utility and liquidity of your token but also introduces it to a broader community of users, investors, and traders.

We believe this affiliate program will be the catalyst for a stronger, more interconnected DeFi ecosystem. We're committed to fostering an environment where everyone thrives together.

Join us today, and let's take DeFi to unparalleled heights!

We are thrilled to unveil our overarching vision that fuels our drive for innovation and growth: to maximize capital efficiency across the entire DeFi landscape.

This ambitious objective underpins every facet of our existing work and lights the path for our future endeavors. To this end, we've designed a three-phase strategic journey, with each stage bringing us closer to realizing our ultimate goal. Let's delve into these phases.

Phase 1: Laying the Foundation (Completed)

Our foundational phase is centered on building an accessible, comprehensive, and user-friendly platform. Here are the key highlights of what we have achieved for this phase:

• Margin and Lending services for any token: Our users can maximize their capital efficiency with an array of tradable tokens.
• Limit Order functionality for all tokens: This feature enables users to set their trading parameters, allowing automatic trade execution once the conditions are met.
• Over-collateralized borrowing for all tokens: Offering a secure way to leverage their holdings, we allow users to engage in diverse trading strategies.
• Trade aggregator integration (1inch): Integrating with 1inch, we ensure that our users get the best trading deals across the DeFi ecosystem.
• Multichain deployment: We've expanded our reach by deploying OpenLeverage on multiple chains.
• DEXs Integration: By integrating with prominent DEXs, we ensure a seamless trading experience for our users.
• Optimized transaction fees: We've reduced transaction fees to encourage higher trading volumes and ensure an improved user experience.
• Launch of OLE Token: The introduction of our native token, OLE, provides users with an opportunity to participate in our ecosystem actively.
• Implementation of a time-tracked and proven risk control framework: Our comprehensive risk control framework safeguards our users' interests.
• Introduction of xOLE for LP liquidity boost: We've incentivized liquidity providers with xOLE, ensuring liquidity remains robust on our platform.
• Establishment of a basic governance framework: Including xOLE voting, Council members, and Ambassadors, we've empowered users to influence the future of OpenLeverage.
• Rollout of Referral and Invitation Program: This program rewards community members who help us grow by bringing new users to the platform.
• Multiple security audits and continuous security optimization: Ensuring the security of our users' assets is our top priority, and we continuously work to optimize our security measures.

With the development above, we have delivered a robust permissionless platform with lowest cost to unleash liquidity and enable opportunities for over 600 major and long tail tokens.

Phase 2: Ecosystem Integration and Expansion (Ongoing)

This phase aims to solidify our place within the DeFi landscape and expand our ecosystem for fast growth. Here's what we're working on:

1. Transition to a fully DAO-controlled protocol: This shift gives our community full control over protocol upgrades, OLE emissions and distribution direction, and future developments. This is key step of development to attract smart money, whales and protocol liquidity.
2. Upgrade to ve(3,3) style tokenomics: Aiming to improve the balance of supply and demand of OLE tokens, amplifying liquidity on the platform and empowing OLE holders, we will soon introduce veOLE, allowing OLE holders to lock their tokens for different periods. The veOLE holders will then be able to vote on the distribution direction of OLE rewards, receive bribes, share in the protocol’s fees, and boost their yields on lending and positions.
3. Leveraged liquidity staking (LSDFi): With LSDFi narratives emerged, OpenLeverage is in the good market position to provide leverage LSD solution to maximize profits to up to 10x for stakers.
4. More ZK/L2 deployments: With the upcoming EIP 4844 upgrade and more zk based layer 2 coming to the market, we're exploring deployments on ZK and L2 chains to unleash liquidity for community and the projects.
5. Omni-chain Strategy: With cross chain messaging middleware like LayerZero and Socket, we will be able to transform our multichain deployments for omni chain platform to enable trading, lending, borrowing, and staking across multiple chains with a single transaction, facilitating swift capital flow.
6. Smart vault for improved capital rfficiency: This feature will further optimize capital efficienty within our ecosystem, allow the lenders to maximize yield without the hassle to move the fund around and at the same time stay in the best class of risk control. The borrowers, therefore, will get better liquidity in time when market shift with new opportunities.
7. Dev community support: To allow other protocol, institutions and pro traders to interact with our protocol programmatically, we will be offering comprehensive resources for developers to build upon our platform, driving further integration and expansion, including SDK, documentations, and further open source on some of tools that our core dev are utilizing.
8. Tools for transparency: We’re committed to enhancing transparency within our protocol, and will introduce tools and features that make it easier for users to monitor and understand various aspects of the protocol. This may include Dune report with detailed real time statistics, open APIs for automatics data rechieval, and efforts to make our operations more understandable for all users.

Phase 3: Real-World Bridging with OpenStables

To further elevate the platform with the permissionless nature, the final phase aims to bridge DeFi with real-world assets and integrate them into our infrastructure, including a new stablecoins system OpenStables, which allow issuing multiple type of RWA pegged stables, all backed by long tail assets.

Imagine to obtain OUSD, OEUR, OJPY .. backed by ETH, WBTC, stETH, UNI, COMP, BNB, SOL, YFI, DOGE and many many more, with zero slippage swap bewteen these new O prefixed assets.

Backing by Long-Tail Assets
The backbone of the OpenStables system will be the long-tail assets that serve as collateral for issuing stablecoins. These long-tail assets include a wide range of digital assets beyond the top few cryptocurrencies typically used for collateralization. The goal here is to unlock the liquidity potential of these underutilized assets, thus significantly improving the capital efficiency in the DeFi space.

Multiple Stablecoins Pegged to Real-World Assets
Traditional stablecoins are typically pegged to the value of a fiat currency, like the US dollar. OpenStables expands on this concept, enabling the issuance of multiple types of stablecoins pegged to various real-world assets. This could include not just different fiat currencies but other types of assets such as commodities, indices, or other forms of value storage.

This innovation opens up a multitude of new opportunities in the DeFi space. Users around the world will be able to interact with a diverse set of stablecoins and RWAs that represent their local currencies or other familiar assets, leading to a more inclusive and versatile DeFi ecosystem.

Seamless Integration with Existing Infrastructure
For the OpenStables system to function efficiently, it will be integrated seamlessly with our existing infrastructure. This integration will ensure that the system runs smoothly and securely, and most importantly create a much bigger DeFi landscape and opportutnies, improving OLE token utility, empowering OLE holders and improve platform revenue.

Collaboration and Product Expansion
The OpenStables system will not only offer an innovative stablecoin solution, but also open the door for product collaboration and expansion. As new stablecoins are introduced, they can be incorporated into existing DeFi protocols and ecosystem. This creates opportunities for new products, partnerships, and ways of leveraging these stablecoins within the larger DeFi ecosystem.

In conclusion, OpenStables represents a major step forward in our ongoing mission to maximize capital efficiency across DeFi. We’re excited to see how this innovation will enhance the DeFi landscape and contribute to the growth and evolution of OpenLeverage.

Take Steps Forward

With Phase 1 completed and Phase 2 already underway, we're eager to continue this journey with our community. We're excited to take on the challenges ahead, push the boundaries of what's possible in DeFi, and deliver on our promise of a truly open, democratized, and efficient financial future. Thank you for your unwavering support. Together, we will redefine the possibilities of DeFi.

At OpenLeverage, we're on a mission to revolutionize the world of decentralized finance, and we believe in the power of the community to drive this change. Our vibrant, global community is the heart and soul of our organization, and we're now looking for a dynamic, dedicated Community Manager to join us.

At OpenLeverage, we're on a mission to revolutionize the world of decentralized finance, and we believe in the power of the community to drive this change. Our vibrant, global community is the heart and soul of our organization, and we're now looking for a dynamic, dedicated Community Manager to join us.

About the Role:

As our Community Manager, you will create engaging content, facilitate meaningful interactions, cultivate a positive, inclusive atmosphere, and provide an effective feedback loop between the community and the organization. This role is fully remote, with a preference for candidates who can cover European time zones.

Key Responsibilities:

1. Content Generation: Craft compelling, relevant, high-quality content across various platforms (blogs, social media, newsletters, etc.) to engage our community and drive the conversation forward.
2. Engagement Management: Plan, execute, and moderate community initiatives such as events, webinars, Q&As, contests, and other interactive activities to keep our community active and invested.
3. Community Development: Foster a welcoming and inclusive community atmosphere, ensuring all interactions align with our community guidelines.
4. Feedback Loop: Establish a robust feedback mechanism to provide the organization with insights from the community, promoting continuous improvement and fostering community-centric decision-making.

About You:

You're a master storyteller, an expert engager, and a compassionate advocate for community members. You have a keen eye for detail, a creative mind for content creation, and a knack for creating digital spaces where people feel at home. You're multilingual, with proficiency in several languages, enabling you to engage with our diverse global community meaningfully and inclusively.

Requirements:

1. Proven experience as a community manager or similar role.
2. Experience in creating engaging, high-quality content across different platforms.
3. Strong understanding of community engagement strategies and best practices.
4. Exceptional interpersonal and communication skills.
5. Multilingual: fluency in multiple languages is a plus.
6. Ability to analyze and report on community engagement metrics.
7. Familiarity with the blockchain and DeFi industry is a must.

What We Offer:

1. The opportunity to work fully remotely with a diverse, global team dedicated to pushing the boundaries of decentralized finance.
2. A competitive compensation package.
3. Flexible working hours with a focus on European and North American time zones.
4. A culture that values innovation, collaboration, and mutual respect.

Are you ready to make your mark on the OpenLeverage community? Join us on our mission to redefine the world of decentralized finance!

Apply now by sending your resume to careers@openleverage.finance.

OpenLeverage is an Equal Opportunity Employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.

As OpenLeverage continues to disrupt the world of cryptocurrency with our innovations, we’re excited to announce the rejuvenation of our Global Ambassador Program! This is your chance to connect with crypto enthusiasts worldwide, support new users in navigating OpenLeverage, and access unparalleled benefits!

Be Our Global Ambassador

Whether hosting a Twitter Space within your community or organizing a local event that brings together users from diverse backgrounds, your event planning skills will foster connections and propagate OpenLeverage’s mission.

We encourage our Ambassadors to:

• Set up and host online or offline events in your local domain and languages, not limited to Twitter Space, text, or audio-based events in your favorite social channels like Telegram, Discord, Line, WeChat, WhatsApp, TikTok, or even hosting an offline gathering in a local bar or classroom.
• Introduce and educate the community about our product, ecosystem, or technical architecture.

Benefits of Being Our Ambassador

When you become an OpenLeverage Global Ambassador, you become an integral part of our mission to advance economic freedom across the globe. You also stand to gain numerous benefits:

• Earning: Ambassadors can earn $100–500 worth of OLE tokens for every event, based on the scale of the planned event.
• Rewards for your community: If you are an influencer on socials, your community will earn OLE rewards for participating and learning about OpenLeverage.
• Create Traction: Your successful event will be highlighted in our socials and global events dashboard to boost your visibility in our global community.

You Are Getting Support

• Ambassadors can request OpenLeverage Core Team members to answer questions during your event remotely.
• Advertise your event through official OpenLeverage social media channels.
• Potential OLE rewards for event participation, just ask!

How to Join and Start Hosting Events

If you want to host an event, please complete the application form.

• After completing the application, you will be contacted via Telegram within 48 hours to understand the arrangement and coordinate with you for a smooth event.
• Before the event, please provide an invitation link to the OpenLeverage community can participate and listen in. Please take screenshots of the event and the number of members in attendance. If conducting an offline event, please take photos and videos to inform us how many people were in attendance. It will be required for reward distribution.
• Successful events will be reviewed and rewarded within 48 hours.

We have recently launched our new permissionless liquidity market feature that offers all users more freedom to deposit any crypto asset as collateral and borrow, unleashing liquidity and providing greater flexibility in the market.

Borrow with Thousands of Assets

Most lending protocols, like AAVE and Compound, have limited token support for deposits and borrowing, leaving over 99% of tokens without access to these activities. OpenLeverage breaks this limitation by allowing any user to create a lending marketplace for any token pair. This enables users to put both tokens of the pairs as collateral and borrow against other tokens. Users can even deposit altcoins as collateral and borrow majors.

You Can Borrow More

One of the significant advantages of OpenLeverage is that it enables users to borrow more with the same collateral provided than other platforms. For instance, on Venus, depositing $1,000 worth of BNB enables the borrower to access $600 in USDT, but with OpenLeverage, for the same value of BNB, you can borrow $640 in USDT.

Earn While Borrowing

Experience a new level of opportunity with our third-party rewards and Genesis Permissionless Liquidity Market Campaign. By participating, borrowers can receive rewards not only from our partners but also from projects offering token rewards for over-collateralized borrowing pairs.

Additionally, OpenLeverage will offer rewards to users to encourage them to use the lending feature. Lenders will receive interest provided by borrowers and OLE rewards from OpenLeverage. APY incentives can be viewed on the OpenLeverage page, providing transparency to users.

OpenLeverage’s competitive rates and rewards make it a compelling option for users looking to participate in the Permissionless Liquidity Market.

Limitless Opportunities for Users

OpenLeverage introduces even more opportunities for users that sets it apart from other lending protocols:

1. Unleash Your Altcoin Holdings: OpenLeverage’s over-collateralized borrowing allows users to obtain additional funds using their existing token holdings as collateral. This enables them to diversify their portfolio and invest in a wider range of tokens, spreading risk and optimizing potential returns.
2. Farm/LP Without the Price Impact: By borrowing risky assets with stables, users can provide liquidity to various pools and farms in other DeFi platforms, earning alpha and additional rewards without having to expose to price volatility.
3. Borrow Instead of Swapping: Users can borrow tokens of their choice to take advantage of arbitrage opportunities without having to pay for the cost of fees, slippage, or price movement. Instead, users only need to pay a small amount of borrowing interest.
4. Risk Management: Over-collateralized borrowing allows users to hedge their positions by borrowing tokens that are inversely correlated with their current holdings. This helps to mitigate potential losses in case of market volatility.

Providing Support for Projects

OpenLeverage supports projects and communities by providing them with the tools and resources they need to succeed in today’s dynamic crypto landscape. Our over-collateralized borrowing feature empowers them to take control of their token economics, enabling them to thrive in a highly competitive market:

1. Reducing Selling Pressure: Over-collateralized borrowing allows communities to access liquidity without having to sell their assets, which helps to reduce selling pressure in the market.
2. Enhancing LP Liquidity: Over-collateralized borrowing with project tokens can help the community borrow project tokens or majors to provide liquidity on DEX, creating a deeper depth of liquidity that can lead to higher trading volumes and better price discovery for the project’s token.
3. Improved Tokenomics: As more users engage in borrowing and lending activities involving a project’s token, the demand for the token may increase, potentially boosting its value. This can positively impact the project’s tokenomics, making it more attractive to investors and users alike.
4. Access to Capital: Projects can leverage their native tokens as collateral to secure funding through over-collateralized borrowing. This provides an alternative financing option to traditional fundraising methods, such as initial coin offerings (ICOs) or venture capital, with more flexible terms and fewer restrictions.

Enabled by Risk-Isolated Pools

OpenLeverage is committed to providing a secure and transparent platform for its users. Our risk-isolated pools, governed by time-weighted average price (TWAP) and On-Demand Oracle, prevent price manipulation in the permissionless market and enable real-time, on-chain risk calculation based on updated trading interest. By risk-isolating all over-collateralized lending and borrowing token pools, we reduce the risk of position penetration, safeguarding the interests of our users. We prioritize security and transparency, implementing robust measures to ensure that OpenLeverage remains a trusted platform for all users.

Security Comes First

Our development team and third-party auditors have invested a great deal of effort and resources in creating a secure protocol, and our audit reports can be found here.

We are excited to continue our third round of nominations for Council Members to help grow OpenLeverage, and we need your help and input!

Candidate: Nominate Yourself

We’re looking for one counselor in each following domains:

- Product and tokenomics design
- Decentralized technology
- Marketing
- Business development
- Crypto trading

OpenLeverage will provide $1,000 in OLE as a monthly stipend, along with acknowledgment of being a part of the Community Council that advises improvements for OpenLeverage.

We will have open nominations where all candidates are free to apply. Candidates must nominate themselves a pitch in Discord (#self-nominations) to explain what role they are applying for and why they are suited for it. Council nominees will also be individually contacted and vetted to ensure they meet the standard criteria to safeguard their respective domains.

Election Debate and Timeline:

Nominations for the upcoming election will be open until February 27 at 12 PM UTC.

On February 27 at 12 PM UTC, candidates will be vetted in Discord #self-nominations for them to introduce themselves to the broader community and discuss their abilities and competencies to develop improvements for OpenLeverage. Thirty-minute sections will be provided to answer topics on product and tokenomics design, decentralized technology development, marketing, business development, and crypto trading.

Candidates passing the vetting process will be formally listed and voted upon by the OpenLeverage community. Community voting will be for two days, from February 27-March 1 at 2 PM UTC.