Miracle Cash & More, a leader in decentralized finance (DeFi) innovation, is proud to announce the launch of its new liquidity pool on the Avalanche blockchain. This innovative pool, called Phoenic Leveller, marks the first platform for users to leverage their liquidity positions – a breakthrough in the world of DeFi. By offering this feature, Miracle Cash & More aims to provide traders with increased flexibility and expanded opportunities to maximize their returns.
Unlock access to borrowing and trading larger positions
The Phoenic Leveler Liquidity Pool allows users to amplify their liquidity positions, unlocking new potential in a rapidly changing financial landscape. Leveraged liquidity trading is a cutting-edge feature that sets this platform apart from traditional liquidity pools, where participants are typically limited to simply providing liquidity. With Phoenic Leveller, traders can now use their existing assets to borrow and trade larger positions, opening the door to higher returns and more dynamic trading strategies.
Harnessing the power of the Avalanche blockchain, Phoenic Leveler benefits from the network’s high scalability, low fees and fast transaction times. Avalanche’s infrastructure ensures that traders benefit from a truly efficient trading environment, whether they are just entering the world of DeFi or are seasoned professionals. By combining leverage with Avalanche’s advanced blockchain technology, Miracle Cash & More has created a platform that is both accessible and sophisticated, catering to users of all experience levels.
Phoenic Leveler combines with Avalanche in a secure and scalable ecosystem
“We are extremely excited to introduce leveraged cash trading through Phoenic Leveller,” said Hakan Törehan, CEO of Miracle Cash & More. “This innovative product, born from our Code Node investors, is poised to become an on-chain NFT and marks a crucial advancement in the DeFi space. By integrating Avalanche, we offer traders a secure, scalable and dynamic environment to maximize opportunities. This truly changes the way people engage with decentralized finance.
This launch is also part of our recent strategic partnership with Ingenico, a global leader with a POS merchant network of over 40 million units, once again demonstrating Miracle Cash & More’s commitment. to shape the future of financial technology.
The benefits for Phoenic Leveler users are significant. With the ability to leverage liquidity, traders can potentially increase their returns by accessing more capital than they initially contribute. This creates greater flexibility in their trading strategies, enabling more effective risk management and capital efficiency. The intuitive design of the Miracle Cash & More platform makes these advanced features accessible to both new and experienced traders. The low transaction fees and fast settlement times provided by Avalanche make the platform cost-effective and efficient, ensuring that users can focus on their transactions without delays or unnecessary expenses.
Smart contracts for high transparency
Additionally, the platform’s security measures are enhanced through the use of smart contracts, which automate transactions and provide a high level of transparency and protection of user assets. In practice, this means that users can trade with confidence, knowing that their positions and liquidity are protected within a secure blockchain framework.
The launch of Phoenic Leveler is part of Miracle Cash & More’s broader strategy to expand its service offerings in the DeFi space. By integrating advanced trading capabilities into its platform, Miracle Cash & More is positioning itself as a leader in decentralized financial innovation. Phoenic Leveler is just one of many initiatives aimed at giving users more control over their financial situation and more opportunities for growth in the blockchain economy.
Miracle Cash & More also supports the Phoenic Token, which plays a central role in its ecosystem. The company implemented a strategic acquisition plan, allocating a portion of its monthly revenue to purchase Phoenic tokens. This buyback initiative is designed to support the market value of the token, ensuring the stability and growth of the platform and its users. Through the Phoenic Leveler platform, users can also exchange Phoenic tokens for other supported cryptocurrencies, providing even greater flexibility and liquidity within the ecosystem.
