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Lever, Powered by ZeroLend, to Launch on Sonic

Share on X icon · Published 1 year ago on October 15, 2024 · Hassan Maishera

Sonic Labs, previously known as the Fantom Foundation, announced via X on Monday that ZeroLend’s newest product, Lever, will launch on the Sonic blockchain.

Lever, Powered by ZeroLend, to Launch on Sonic

Sonic Labs, previously known as the Fantom Foundation, announced via X on Monday that ZeroLend’s newest product, Lever, will launch on the Sonic blockchain. Lever is a memecoin lending platform enabling Sonic users to open leveraged long/short positions with borrowed assets.

Fantom is building a programmable platform on a directed acyclic-graph-based distributed ledger. Its FTM coin is up 5% in the last 24 hours and is currently trading at $0.7383.

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Hassan Maishera
Hassan Maishera Senior Reporter

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.