With the launch of a new staking participation mechanism, can LeverFi become a good tool for users to explore the Bitcoin ecosystem?

LeverFi, an innovative on-chain leveraged trading protocol, recently announced a new staking and participation mechanism through its LeverPro Launchpad.

In order to give users the opportunity to participate in early BRC20 projects, a new mechanism called the "Golden Ticket" system was introduced. Through this system, participants can gain insights into the potential value of the project. Users can obtain LVR by staking LEVER tokens, which is an important indicator of governance weight on the LeverPro platform. Users holding LVR will enjoy additional platform privileges.

#LeverFi itself serves as an on-chain leveraged trading platform, allowing traders to trade various assets such as BTC, ETH, Curve-LP and Uni with up to 10x leverage -LP etc. This not only provides users with the opportunity to profit from changes in asset prices through leveraged trading, but also earns income by depositing collateral to the agricultural protocol, achieving the dual advantages of income and leveraged trading. The following is a brief introduction to the new opportunities that this new staking participation mechanism can bring.

Can the new golden ticket mechanism on LeverPro Launchpad maximize the incentives for community members?

LeverPro Launchpad provides a unique opportunity for users interested in participating in high-potential BRC20 projects. By staking LEVER tokens, users can not only support the launch of these innovative projects, but also have the opportunity to obtain so-called "golden tickets." These tickets not only represent early trust and support for the project, but are also exclusive tickets to participate in the Initial Inscription Product (IIO) and the Initial Dex Product (IDO), allowing users to participate in the value discovery process at the early stage of the project.

On the LeverPro platform, LVR tokens play a key role in measuring user governance weight. The LVR earned by staking LEVER tokens not only reflects users’ contributions to the platform, but also brings them additional privileges and benefits. Top LVR holders will enjoy the guarantee or priority distribution of golden tickets. This mechanism ensures that users who are the most active and supportive of the platform can receive corresponding rewards.

LeverPro Launchpad’s golden ticket distribution mechanism is designed to fairly reward different members of its community. The top 100 LVR holders, i.e. LVR VVIP, will be guaranteed to receive 100 golden tickets, while the top 101 to 300 LVR VIP holders will have the opportunity to receive 180 tickets, which guarantees them a 90% successful participation rate . In addition, through a lucky draw system, remaining tickets will be distributed to xLEVER stakers, where xLEVER is earned by staking LEVER tokens over the long term. This mechanism encourages long-term investment and ensures that all participants, regardless of stake size, have the opportunity to participate in the process.

With the end of the first staking cycle, users who participated in staking LEVER tokens have begun to benefit from LVR rewards, indicating that LeverPro’s upcoming LVR Launchpad privileged tokens will bring new opportunities to them. This milestone not only represents an important step in the development of the LeverFi ecosystem, but also provides community members with more opportunities to participate in and influence the development direction of the platform.

Simple tutorial: How can LEVER token holders participate in LeverPro to obtain high returns?

In the LeverFi ecosystem, LEVER token holders participate in the launch of high-potential projects on LeverPro through staking, seeking close connections with the early stages of the project. However, with projects like ORNJ delivering returns of over 1,400%, competition for quotas for new projects is extremely fierce. Against this background, while the lucky draw system provides LEVER stakers with the opportunity to participate, distribution is not guaranteed.

The LVR token is particularly important in this environment, providing LeverPro participants with additional launchpad privileges, including guaranteed or priority allocation "golden tickets" and a cap increase on the size of new project launch allocations . These privileges ensure that LVR holders can more effectively access and participate in new projects on the platform.

After completing the first LVR staking cycle, users will be able to claim their LVR tokens, which are issued on the BRC20 network, on LeverPro’s launch portal. With the release of LVR, the LeverFi team plans to bring it to major inscription markets such as Binance and OKX for trading, thereby increasing LVR’s liquidity and providing users with more flexibility in deciding how they participate. Specific new items are being released.

LeverFi is more than a platform, it is a commitment to innovation focused on delivering new opportunities in decentralized finance to the rapidly growing community of Web3 users. By launching new products in the BTC ecosystem on its 2024 roadmap, LeverFi demonstrates its ambition in providing unique solutions for the decentralized finance sector. With more details about how LEVER stakers can claim and trade LVR soon to be released, LeverFi continues to steadily move forward on its path of innovation, bringing more exciting new opportunities to its community and users.

Enter the asset ecosystem on the Bitcoin chain, LeverFi and Flash Protocol are deeply bound to expand cooperation

LeverFi and Flash Protocol are working together to jointly promote the issuance of Bitcoin assets and the decentralized financial ecosystem development of. Flash Protocol, thanks to Taproot Assets released by Lightning Network, provides a decentralized framework that enables users to issue assets (Taproot Assets) and Taproot NFTs on the Bitcoin network, while ensuring the smooth operation and operation of the Bitcoin main network. No congestion state.

This cooperation covers many aspects such as technology development, joint marketing, token issuance and ecosystem support, aiming to promote the growth and popularity of decentralized financial solutions based on Bitcoin.

1. Technical collaboration and ecological incubation: LeverPro cooperates with BTC Angel Hub, which, as the first crowdfunding platform under Flash Protocol, focuses on supporting and incubating assets based on Taproot quality projects. LeverPro will provide a full range of services such as technical support, community issuance, financing, marketing and token issuance to promote the success of these projects.

2. Joint marketing and community interaction: LeverFi will jointly carry out a series of product launch and ecosystem planning marketing activities with Flash Protocol, including the use of influencer networks, community updates and AMA (Ask Me Anything) meetings. Enhance interaction and user engagement between the two platforms.

3. Community public sale: LeverPro and Flash Protocol will jointly support the community public sale of the latter’s upcoming tokens, aiming to provide high-quality projects and ensure that community members can truly participate in and access them.

4. Technology integration: Flash Protocol’s BTC standard will be integrated with LeverPro Launchpad, allowing projects based on Flash Protocol to issue tokens through the LeverPro platform, providing community members with more convenient project access, discovery and transaction flows. sex.

Flash Protocol is a decentralized protocol that allows users to issue assets (Taproot Assets) and Taproot NFT on the Bitcoin network. With the help of FlashVM, a computing engine based on Flash Chain, Flash Protocol aims to implement BTCFi functions such as staking, exchange and lending of Bitcoin’s native assets. Powered by Taproot Assets released by Lightning Network, Flash Protocol is able to issue and trade native Bitcoin assets on the Bitcoin blockchain while ensuring a stable and congestion-free Bitcoin mainnet.

Through this forward-looking cooperation, LeverFi and Flash Protocol jointly open up a new chapter in the Bitcoin decentralized financial ecosystem, providing users with more innovative solutions and participation opportunities.

The above is the detailed content of With the launch of a new staking participation mechanism, can LeverFi become a good tool for users to explore the Bitcoin ecosystem?. For more information, please follow other related articles on the PHP Chinese website!