Phoenic Leveller offers first-of-its-kind leveraged liquidity trading, providing traders with more flexibility and enhanced returns in the DeFi space.
Miracle Cash & More, a leader in decentralised finance (DeFi), has announced the launch of its new liquidity pool, Phoenic Leveller, on the Avalanche blockchain. This platform is the first to enable users to leverage their liquidity positions, representing a breakthrough in DeFi trading. By offering this new feature, Miracle Cash & More is providing traders with increased flexibility and the potential for higher financial returns.
Leveraging Liquidity for Enhanced Returns
Phoenic Leveller allows users to amplify their liquidity positions, enabling them to borrow against their assets and trade larger positions. This feature distinguishes the platform from traditional liquidity pools, where users are limited to providing liquidity without leverage. With Phoenic Leveller, traders can now pursue more advanced strategies and achieve higher returns.
Built on the Avalanche blockchain, Phoenic Leveller benefits from the network’s high scalability, low transaction fees, and fast processing times. This ensures an efficient trading environment, accessible to both new and experienced traders alike.
Combining Leverage with Avalanche’s Infrastructure
“We’re incredibly excited to introduce leveraged liquidity trading through Phoenic Leveller,” said Hakan Törehan, CEO of Miracle Cash & More. “This innovative product, born from our Code Node investors, is set to become an on-chain NFT and marks a pivotal advancement in the DeFi space. By integrating with Avalanche, we’re providing traders with a secure, scalable, and dynamic environment to maximise opportunities. It’s a true game-changer in how people engage with decentralised finance.”
This launch aligns with Miracle Cash & More’s strategic partnership with Ingenico, a global leader in POS systems, showcasing the company’s commitment to driving innovation in the financial sector.
Maximising Opportunities with Phoenic Leveller
Leveraged liquidity trading allows traders to access more capital than they initially contribute, potentially increasing their returns. This added flexibility enhances traders’ ability to manage risk and use capital more efficiently. Miracle Cash & More’s platform is designed to offer these advanced features in a user-friendly way, ensuring that both novice and experienced traders can benefit. With low fees and fast settlement times, the platform offers a cost-effective and efficient trading experience.
Security and Transparency Through Smart Contracts
The platform’s security is bolstered by smart contracts, which automate transactions and provide transparency. This ensures that traders can trust the system, knowing their liquidity and positions are safeguarded within the blockchain.
Phoenic Leveller is part of Miracle Cash & More’s broader strategy to expand its DeFi offerings. By introducing leveraged liquidity and other advanced trading features, the company is positioning itself as a leader in decentralised finance, offering users more control and opportunities for growth.
The Phoenic Token is a key element of the platform’s ecosystem. Miracle Cash & More’s strategic buy-back programme helps to stabilise the token’s value, and users can trade Phoenic Tokens for other cryptocurrencies, further enhancing the platform’s liquidity and flexibility.
