DeFi
Open Leverage Collaborates with Floki and Others
After unveiling its permissionless liquidity market to the Decentralized Finance (DeFi) house, Open Leverage has launched the “Genesis Permissionless Liquidity Market” giveaway marketing campaign for customers within the blockchain trade.
The lending and margin protocol partnered with quite a few DeFi platforms, together with Floki, to reward customers who make the most of its options. In keeping with the platform’s thread on Twitter, companions will present their tokens for customers who lend or borrow on pairs with the tag “Genesis Market.” Additional, a complete of 1.45M within the protocol’s native $OLE token is up for grabs for customers.
As a part of the partnership with the MemeFi platform, $FLOKI is now built-in into the Open Leverage ecosystem. Which means that $FLOKI holders can make the most of their tokens as collateral to borrow belongings on the platform. The Co-founder of Floki, B, was excited on the collaboration, changing into the primary set of tokens built-in into the protocol.
“We’re excited to collaborate with Open Leverage as one of many first units of tokens they built-in for his or her Genesis Permissionless Liquidity Market. Open Leverage is doing fairly modern stuff on the BNB chain, which we actually love, so we’re completely satisfied to be part of this!” B wrote.
Open Leverage expects the Floki group to take part within the marketing campaign and earn rewards, together with companions like RACA, BabySwap, BiSwap, House ID, and Mdex. So, BNB Chain customers can borrow belongings with different companion tokens as collateral on the platform and earn huge.
What’s Floki:
Floki Inu started with a tweet from Elon Musk. When the billionaire introduced he would identify his Shiba Inu pet Floki, it created a deluge of ‘Floki’ dogcoins. Essentially the most profitable of those is Floki Inu. Floki Inu is presently the market’s third hottest meme token, behind Dogecoin and Shiba Inu. It’s backed by a group of dedicated fans and a powerful advertising and marketing marketing campaign.