KuSwap Announces Strategic Partnership with OpenLeverage

Dear KuSwappers,

We are proud to announce a strategic partnership with OpenLeverage.

Who are They?

OpenLeverage builds a permissionless lending and margin trading protocol with aggregated DEX liquidity, enabling traders to long or short any trading pair on DEXs efficiently and securely. It means anyone can create lending pools to support margin trading for specific token pairs along with liquidity pools created on the DEX.

Integration

OpenLeverage will be setting up a lending pool and margin trading market with the KCS-KUS pool on KuSwap. This would enable the OpenLeverage and KuSwap communities to use $KUS as collateral to borrow KCS to have KUS token leveraged positions.

Our new partners will also be running a KCS-KUS lending and trading campaign with 250,000 $OLE incentives. These OLE token rewards will be vested when the OLE token launches.

More details about this collaboration can be found in the OpenLeverage Medium article here.

Further Collaboration

OpenLeverage also has a referral program and invitation league to stimulate more community members to join the lending and trading campaign. KuSwap and OpenLeverage will also be guesting in each other’s AMAs on their respective communities so make sure to follow KuSwap and OpenLeverage on twitter and join their discord community.

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