💯$LV Point System
Point is used to measure a trader’s contribution to the protocol in LeverUp
$LV Genesis
The genesis distribution of $LV serves as a token of appreciation for the contributions of our earliest users.
There will be two limited-time seasons in total (approximately one to two months combined), where user contributions are measured through an on-chain, point-based system.
At the end of Season 0, the Token Generation Event (TGE) will take place.
Season 1 will begin a few days after Season 0.
Airdrops for both seasons will be distributed immediately and fully unlocked according to each user’s points.
All points are ERC-20 tokens and will not be burned.
After the Genesis event, $LV will move into its weekly epoch-based emission schedule.
LVUSD and LVMON exchange will be available after the $LV Genesis Campaign
How to Earn Points
Trading
Points are awarded based on trading volume, PnL, and related performance metrics.
Referrals
Once a user’s trading volume exceeds $100,000, referral eligibility is unlocked.
Referrers earn 25% of the points generated by their invitees.
Invitees receive additional point multipliers depending on the referrer’s tier.
Distribution & Continuity
Points are settled instantly, with each epoch calculating airdrop allocations proportionally to users’ accumulated points.
Airdrops are distributed in $LV tokens.
At the end of each epoch, points are reset for the next cycle.
Following the Genesis Airdrop, the point system will remain active, and future $LV distributions will follow the emission schedule defined in the Tokenomics.
During the LV Genesis Airdrop, Open/Close Fee will be 0.07% After the campaign, open/close fee will back to standard smoothly
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