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Levvy

Levvy is a decentralized finance platform on Cardano that enables users to lend and borrow using NFTs and tokens as collateral, providing instant liquidity without requiring asset sales. It is closely tied to Angel Finance and its $ANGELS token, which distributes a share of platform fees to holders. The platform serves crypto users and NFT/token holders seeking liquidity, yield, or leverage on their digital assets.
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Description

Levvy is a DeFi lending and borrowing platform that lets users unlock liquidity from their NFTs and tokens without selling them. Users can choose to lend assets to earn rewards or borrow against collateral (NFTs or tokens) for temporary liquidity, with pre-selected token pairs available for quick transactions. The platform reports statistics such as total loan volume, interest earned, value locked, and active/total loans, positioning itself as a fast, flexible, and secure DeFi lending solution. The $ANGELS token is central to the platform, serving as the reward mechanism for the Angel Finance ecosystem: 75% of all fees generated by Levvy are distributed to $ANGELS holders, with 80% paid out monthly and 20% reinvested into the Angel Finance treasury. Levvy has also partnered with Tokeo Pay to combine NFT lending with seamless crypto payments, expanding its Web3 finance offerings. The platform primarily serves crypto-native users, NFT holders, and token holders on the Cardano blockchain looking to maximize liquidity and earnings from their digital assets.