Beverage Finance is building decentralized leverage tokens on top of Set Protocol. The LINK ETH 2x Beverage Token (LINKETHMOON) is a type of collateralized loan product that give you leveraged exposure to the underlying asset, LINK while shorting ETH as a hedge. Like other tokens, leveraged tokens can be traded on the spot market. Each leveraged token represents one Aave collateral and one variable debt position. The price of a leveraged token moves along with price changes in the underlying collateral, and the leverage level moves up and down accordingly.
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