Update on Interest Rate Curve for Major Token Pairs
Update on Interest Rate Curve for Major Token Pairs
The OpenLeverage platform has announced an update to the interest rate curve for major token pairs. The new curve ranges from 10% to 36% at the kink point, ensuring a more sustainable ecosystem for borrowers and lenders. Borrowers will still enjoy a positive yield due to borrowing OLE rewards, while lenders will receive additional incentives. The update aims to balance supply and demand, promote responsible borrowing, and boost liquidity provision for a more robust DeFi ecosystem.
OpenLeverage Telegram Bot rewards distributed
The rewards for the OpenLeverage Telegram Bot activity have been distributed. Participants can claim their OLE rewards from January 22nd to February 12th. The list of winners can be found on the provided link.
KuCoin Launches Exclusive OpenLeverage Trading Campaign
KuCoin has announced the launch of an exclusive OpenLeverage ($OLE) trading campaign. Traders have the chance to win $10,000 OLE rewards.
Important Update for Official TG Bot
If you've registered and linked your account with the OpenLeverage Telegram bot but it is now listed as a 'Deleted Account,' you can reactivate it by searching @OPL_Official_Bot in the Telegram search box. This will help you quickly reconnect with the bot.
Crypto.com to support OLE Contract Migration
Crypto.com will be supporting the migration from OLE V1 to V2. Deposits and withdrawals will be temporarily paused on Jan 15, 2024, to facilitate the transition. Trading of OLE will remain uninterrupted during this time.