Update #3 — Levinbar, Farming, NFTs and More

Farming

Farming has been launched for almost a week now. Results that we got from farming exceeded our expectations. We’ve reached $500,000 in liquidity, price hit new ATH at $9.00 and there’s been an influx of new users onto our platform.

Levinbar

Next week we’ll be releasing Levinbar — staking platform for LEVIN holders.

Sneak Peak

DAO

Concerns have been raised by the community members regarding specific wallet — the DAO wallet, which held 2,750,000 million LEVIN tokens, as well as tokens that the team holds. As many of you know, we’ve partnered up with RealT, tokenized real estate investment platform and as a way for two projects to bond together a lot more and to give LEVIN community members and investors ease of mind, we’ve locked up 2,750,000 LEVIN in a multisig Gnosis safe wallet.

Team (active):

Total tokens locked — 450,000
Interval — 6 months
Withdrawal amount — 50,000
Withdrawal address: 0xF73B40e8467122f9B84E9E84155de0aD35bf7d23
Smart contract: 0x630eecFD1Cf0e0083D5a6CCB0a56b38C05995E1A

LP providers (active):

Total tokens locked — 200,000
Interval — 6 months
Withdrawal amount — 20,000
Withdrawal address: 0x07e3F3D99DcA114BFFcA52Cc0d14DB280929F8bd
Smart contract: 0xb17177b6f464c1970D2ec6C351BC752856F73dB6

Development (active):

Total tokens locked — 175,000
Interval — 3 months
Withdrawal amount — 15,000
Withdrawal address: 0xDB16eb1F7A332C07CDFd18c2DC6A08a987B7291E
Smart contract: 0x061cc9D4bdA1805eac1DC27979e58Dc4C01304F2

Snapshot

We’ve created our very own space on Snapshot. After our PR request has been accepted, LightningDAO Snapshot will be fully set-up and we’ll start utilizing it.

What is Snapshot?

Snapshot is an off-chain gasless multi-governance client with easy to verify and hard to contest results.

  • Proposals and votes are just signed messages, stored on IPFS
  • Signatures are easily verifiable online it uses the “eth_sign” format
  • They don’t have any token
  • It’s free to create a space it takes 5min
  • Spaces can have their custom domain name
  • Spaces can have their own skin
  • Fully open source with MIT license
  • They don’t use any tracking or ads in our site

Lightning NFT

At Levinswap, we’ve been discussing NFTs. What purpose does it have, how can we integrate it into Levinswap’s ecosystem, so that it benefits it and doesn’t become a speculative asset, like many NFTs have.

--

--

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store