LeverFi has received a $2 million investment from DWF Labs

ChainCatcher news, LeverFi has secured a $2 million investment from DWF Labs, which comes with a lock-up period and a staggered release schedule over two years. Additionally, LeverFi has received a further $2 million in over-the-counter commitments that can be executed at any time within the two-year period if needed. These new funds will be used for protocol innovation, marketing activities, and user acquisition.

Furthermore, DWF Labs and LeverFi have reached a market-making arrangement, where DWF Labs will provide liquidity for the LEVER trading pair in relevant trading venues. While seeking new market-making partners, LeverFi has engaged in discussions with several liquidity providers and received a range of market-making proposals. DWF Labs offered the most competitive market-making conditions that align best with LeverFi's market-making objectives.

In addition to providing liquidity, DWF Labs is also proactively assisting LeverFi with growth and strategic business development activities. Through introductions from DWF Labs, LeverFi has already engaged in discussions with new trading platforms, liquidity risk funds, and professional marketing partners.