LEVR Launches First Decentralized Leveraged Sports Betting Platform on Avalanche

馃幉 Leverage Your Sports Knowledge

By Avalanche
Feb 6, 2025, 5:55 PM
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LEVR has launched the first decentralized leveraged sports betting exchange on Avalanche's upgraded C-Chain.​ Key features include:

  • 5x leveraged bets on live sports events
  • In-game position adjustment capability
  • Significant cost reductions through Avalanche9000 upgrade:
    • 96% reduction in gas fees
    • 99.​9% cut in deployment costs

The platform is currently in testnet phase, allowing users to bet on NFL Playoffs using test credits.​ Participants can earn community rewards through leaderboard rankings.​

Technical Benefits:

  • Built on Avalanche's C-Chain
  • Handles high-volume betting activity
  • Fast transaction processing
  • Enhanced security measures
Sources
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