Lever ($LEV) — The world’s first AMM-based decentralized margin trading platform
BSCPad Public Sale Date:
Monday May 3rd
Pancakeswap Listing Date/Time:
Friday May 7th, Time TBA
Staking Eligibility Cutoff:
Monday May 3rd, 5 AM UTC
Public Sale Token Price:
$0.50 BUSD
Allocation Round Open:
Monday May 3rd, 8 AM UTC
Public Sale (FCFS) Round Open:
Monday May 3rd, 1 PM UTC
Maximum Token Supply:
100,000,000 $LEV
Tokens Available in BSCPAD Public Sale:
300,000 $LEV
Circulating Supply at Listing:
4,330,000 $LEV
Market Capitalization at Listing:
$2,165,000 USD
Public Sale Vesting Schedule:
Fully unlocked, no vesting
About Lever:
Lever is an open-source margin trading platform that allows users to lend, borrow and trade in one place. Lenders can use lend their idle crypto and deposit certificates from other protocols to earn interest. Traders will be able to long or short any Lever supported assets with up to 3x leverage. The platform makes use of external AMMs like Uniswap to provide surplus liquidity for margin traders to open positions of any size.
What problems does it solve?
Current margin trading solutions are either centralized or lacking the required features to serve the experienced trader. Lever changes this by combining powerful features with the permissionless and secure nature of blockchain.
Feature List
1. Multiple collateral options
Lever gives users flexibility when supplying collateral. For example, a user can use Ethereum as collateral to margin trade WBTC against USD. This gives traders a high degree of choice and lowers the barrier to entry significantly.
2. Non custodial leverage trading
Currently available margin trading platforms are centralized and require their users to create accounts and often provide sensitive personal information. Since Lever is a decentralized protocol, a Web3 enabled cryptocurrency wallet is all that is required to participate.
3. Earn interest on deposits
Since every deposit to the network improves liquidity and strengthens the protocol, users earn interest on their collateral deposits by default.
4. World class liquidity
By sourcing liquidity from the world’s largest AMM exchanges like Uniswap, SushiSwap and PancakeSwap, Lever allows users to open long and short positions on wide variety of assets without worrying about excessive slippage.
5. Easy to use interface
A visualized position management interface is designed to help users easily open or close positions in just one click. In addition, TradingView is integrated to provide a professional candlestick chart to ensure the best trading experience.
Tokenomics
Ticker: $LEV (Lever.Network)
Token Utility
Liquidity Mining
In the first several quarters of Lever’s operation, liquidity providers will be incentivized by rewards in the form of LEV tokens for providing capital on the platform.
Governance
LEV is the governance token of Lever.Network. LEV token holders propose, debate, and vote on all changes to the protocol.
Platform use benefits (TBD)
The team is continuously ideating and considering other potential benefits that may be conferred to token holders. Expect the token utility list to expand once the platform is live!
Roadmap
Strategic Investors
▪️Website: https://www.lever.network
▪️Telegram： https://t.me/levernetwork
▪️Twitter： https://twitter.com/levernetwork
▪️Light Paper： https://lever.network/Light-Paper.pdf
Important details about participation on BSCPad:
BSCPad uses a tiered model that requires users to stake at least 1000 $BSCPAD tokens to participate. For full details, review the landing page of our website at https://bscpad.com/.
Users must complete KYC verification before participating on BSCPad. For full details on completing this process, read our explainer article linked below. We have also included a list of restricted regions for easy reference.
https://bscpad.medium.com/bscpad-kyc-process-16e6a5557138
Restricted Region List: Botswana, Cambodia, Central African Republic, Democratic People’s Republic of Korea, Republic of Seychelles, Ethiopia, Ghana, Iran, Iraq, Libya, Somalia, South Sudan, Sri Lanka, Syria, Sudan, Thailand, Trinidad and Tobago, Tunisia, Venezuela, Yemen, and the United States of America (herein “Prohibited Jurisdictions”)
Bronze and Silver tier members must complete additional social media engagement tasks in order to be whitelisted for each IDO. The requirements for this specific IDO are listed below:
Whitelist Requirements for Bronze and Silver Members:
1. Join the #LEVERNETWORK Telegram: https://t.me/levernetwork
2. Follow #LEVERNETWORK on Twitter: https://twitter.com/levernetwork
3. Follow #BSCPAD on Twitter: https://twitter.com/BSCPad
4. Put out a tweet (originating directly from your account) containing the #BSCPAD & #LEVERNETWORK hashtags and share the link in the whitelist.
5. Follow the steps inside the white list form:
https://bscpad.wufoo.com/forms/q1pd78d71djdyz7/
Stay connected to our official outlets for the latest on all of our launchpad offerings!
Web: https://bscpad.com/
Telegram: https://t.me/bscpad
Twitter: https://twitter.com/bscpad
