What is Leverage?

Leverage — is a service that allows you to receive ETH for a collateral in ETH. Time is money! And the Leverage saves your time, being a fast tool to receive… money. :) It is much easier and faster than opening a new TBox, withdrawing and selling TMV.

Use the Leverage if you need to get ETH for a collateral in the same currency and then give back TMV to redeem your ETH.

The allowed ‘Leverage’ value in the system is up to 1,9.

You can get Leverage in two steps:

1. Request generation.
2. Finding a counterparty (matching). The system finds a counterparty for the deal between you and a user who is willing to provide the needed amount of ETH for TMV emitted in the newly opened TBox with your collateral.

TMV emission = ETH sent for matching × internal exchange rate

The commission for the deal is 0,5% and both parties pay the commission: the person making a request pays it in TMV, the counterparty — in ETH.