Archimedes Leverage Round Launch

Lending & borrowing protocol on Ethereum, with leverage.

The team has not announced a time for the first leverage round, only that it is on February 20. This time is a placeholder.

DETAILS

• Provide OUSD as collateral
• Leverage rounds begin with a higher price for lvUSD, which declines over time
• There is a limited amount of leverage available for purchase during each leverage round
• Leverage up to 10x
• Positions can be closed at any time, if the position is not closed manually it will close after 370 days
• Fees:
  • Leverage fee – paid in the native ARCH token, fees are higher early in the leverage round of decline over time
  • Origination fee – 0.05%
  • Performance fee – 30%
  • Fees are sent to the treasury and used to provide rewards to liquidity providers