LVL Utility Token
LVL is the protocol utility token of the LEVEL ecosystem.
Last updated
LVL is the protocol utility token of the LEVEL ecosystem.
Last updated
Ticker: LVL
Max Supply: 50,000,000
Total Supply: Continually reduced via and
Distribution: Fully under the control of the LEVEL DAO
Contract address: see
BNB Chain: PancakeSwap LVL/SDT LP v2 (used for DAO and Yield Staking): PancakeSwap LVL/BNB LP v2: PancakeSwap LVL/USDT LP v3:
Arbitrum: PancakeSwap LVL/USDT LP v2 (used for DAO and Yield Staking): PancakeSwap LVL/ETH LP:
Buy LVL from
Become a to earn LVL on your chain of choice!
Trade to Earn LVL through our
Invite your friends to LEVEL, and both be rewarded through our
Acquire through LVL Batch
Liquidity Providers
13,000,000
26%
Team
10,000,000
20%
DAO / Strategic
27,000,000
54%
TOTAL
50,000,000
100%
Community incentives are for various campaigns and mechanisms, focusing on user acquisition, user retention, and most importantly trading volume growth.
The team allocation has a 4-year unlock duration. Team tokens will unlock every 12 months, with an initial 12-month cliff, where the first unlock (1/4 of team allocation) occurred on the 26th of December 2023.
The LVL token distribution is decided by the LEVEL DAO.
Weekly Fixed Emissions
Senior Tranche
8750 preLVL
Senior Tranche
8750 preLVL
Weekly Variable Emissions
Trading Incentives: Loyalty Program + Ladder
70,000 preLVL + minimum 10,000 preLVL (up to 100,000 preLVL)
Referral tier and volume-dependent
Total Program Incentives
minimum 80,000 preLVL (up to 170,000 preLVL) + Referral Program
The chart below shows LVL emissions for the first 5 months of the project, since launch. The LEVEL DAO has repeatedly adjusted emissions to ensure a sustainable token economy for the ecosystem. Further changes to the LVL emission schedule can be proposed and voted on through LEVEL DAO governance. This may be to facilitate the continued sustainability of our tokenomics or for future strategic plans, such as cross-chain expansion. Previous impacts from governance proposals are labelled on the chart.
Date: 22nd Jun 2023
Deal Size: 2,000,000 USDT ($2M)
LVL Size: 526,316 LVL
LVL Price: $3.8 (7-day TWAP + discount)
Term Length: 6-month lock up with 6-month linear vesting period after
There are currently 3 venues to stake your LVL tokens with varying benefits to suit multiple stakeholders.
Staking is available on both, Arbitrum and BNB Chain.
Every 1 LVL staked earns you 1 share per second. The total rewards are calculated from 10% of the total fees collected over the 7-day epoch on both BNB Chain and Arbitrum. Your share of these rewards is proportional to your stake.
Rewards are distributed per epoch (7 days). 24h after end of the epoch, users will be able to claim their yield rewards.
In the Stake LVL to Earn Fee Credit Tab, LVL holders can stake their LVL to earn Fee Credits. Each 100 LVL staked will be rewarded with a maximum $5 fee credit, linearly reducing toward the end of the epoch. The earlier you stake during an epoch, the more fee credits you will earn.
Staking is available on both, Arbitrum and BNB Chain. Note: The chain you stake your LVL is the chain you will get your Fee Credits.
Rewards are distributed immediately and they expire at the end of that epoch.
rewards are used to bootstrap liquidity and reward LEVEL LPs
Note that a portion of the team allocation of LVL tokens (locked or unlocked) can be staked in the DAO. Learn more at
The strategic investor allocation has been set aside for external contributors. If you would like to contribute to the LEVEL project, please contact us on . We are continually exploring opportunities to sell LVL to high-profile strategic partners. All proceeds from these sales go to the LEVEL DAO Treasury.
With Level 2.0 a Bonding Mechanism was implemented with an unvested token called preLVL. All LVL rewards are no longer distributed directly.
For more information on variable emissions, see
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In this , LVL holders can stake their LVL to earn LGO, giving them governance rights over the DAO and management rights of the DAO Treasury.
In the , LVL holders can stake their LVL to earn protocol fees. 10% of protocol fees generated are distributed to this LVL staking pool in the form of Senior LLP, which can be redeemed for any Senior LLP asset (for example, BTC, ETH, USDT, e.g.).
