The new Phoenic Leveller platform introduces leveraged liquidity trading, offering enhanced flexibility and greater returns for DeFi traders.
Miracle Cash & More, a trailblazer in decentralised finance (DeFi) innovation, is proud to unveil its new liquidity pool, Phoenic Leveller, on the Avalanche blockchain. This novel platform is the first of its kind, allowing users to leverage their liquidity positions. By providing this breakthrough feature, Miracle Cash & More aims to offer traders increased flexibility and more opportunities to maximise their financial returns.
Unlocking New Trading Potential
Phoenic Leveller introduces leveraged liquidity trading, allowing users to amplify their liquidity positions and borrow larger amounts. This marks a significant departure from traditional liquidity pools, where participants are limited to simply contributing liquidity. With Phoenic Leveller, traders can access larger trading positions, unlock higher returns, and pursue more advanced trading strategies.
Built on the Avalanche blockchain, Phoenic Leveller benefits from its high scalability, low transaction fees, and fast settlement times. This ensures a seamless trading experience for both newcomers and experienced DeFi traders. By combining leverage with Avalanche’s cutting-edge technology, Miracle Cash & More offers a platform that’s efficient and user-friendly for all traders.
A Secure and Scalable Solution on Avalanche
“We’re incredibly excited to introduce leveraged liquidity trading through Phoenic Leveller,” said Hakan Törehan, CEO of Miracle Cash & More. “This innovative product, born from our Code Node investors, is set to become an on-chain NFT and marks a pivotal advancement in the DeFi space. By integrating with Avalanche, we’re providing traders with a secure, scalable, and dynamic environment to maximise opportunities. It’s a true game-changer in how people engage with decentralised finance.”
In addition to this launch, Miracle Cash & More has formed a strategic partnership with Ingenico, a global leader with over 40 million POS units worldwide, reflecting the company’s dedication to advancing financial technology.
Benefits for Phoenic Leveller Users
With the ability to leverage liquidity, users can potentially increase their returns by accessing more capital than they initially provide. This flexibility enables traders to implement more sophisticated strategies, improve risk management, and optimise their capital. Miracle Cash & More’s platform is designed to make these advanced features accessible to both beginner and experienced traders. Low transaction costs and quick processing times further enhance the trading experience.
Security and Transparency with Smart Contracts
Phoenic Leveller utilises smart contracts to automate transactions, ensuring transparency and security. These smart contracts provide users with confidence that their liquidity and positions are protected within the secure blockchain environment.
This launch is part of Miracle Cash & More’s broader strategy to expand its DeFi services. By integrating advanced trading capabilities into its platform, the company is positioning itself as a leader in the decentralised finance space. Phoenic Leveller is just one of several initiatives aimed at empowering users with greater financial control and more opportunities in the blockchain economy.
The Phoenic Token is a central component of Miracle Cash & More’s ecosystem. The company’s buy-back plan, which allocates a portion of its monthly revenue to purchasing Phoenic Tokens, supports market value stability and growth. Users can also trade Phoenic Tokens for other cryptocurrencies, enhancing flexibility and liquidity within the ecosystem.
