Levana LVN Price

What is Levana (LVN)?

Levana Protocol, which stands for “Leverage any Asset,” is a decentralized platform for trading perpetual swaps. It operates on three blockchains: Osmosis, Sei, and Injective. Levana has partnered with Osmosis DEX, Injective, and SEI to create a peer-to-pool trading system that enhances the trading experience in the Cosmos ecosystem. The protocol is incubated by Delphi Labs and supported by notable investors like Arrington XRP, Tribe Capital, and Dragonfly.

Native Token: LVN
The native governance token of Levana, LVN, allows holders to influence important decisions, such as which markets to list and the fees collected. This participatory model ensures that the community has a say in the platform’s development.

Token Circulation
Levana launched its mainnet token on December 18, 2023, with an initial supply of 70 million tokens out of a total of 1 billion. The token issuance is structured to distribute 1.7% of the tokens monthly for the first 13 months, increasing to 4.01% from months 13 to 30.

Key Features of Levana

Addressing Illiquidity and Market Manipulation
Levana Protocol tackles the common issues of illiquidity and market manipulation seen in other perpetual swap platforms. Traditional systems often create imbalances, especially in volatile market conditions, leading to insufficient liquidity. Levana’s model is designed to offer a more stable trading environment.

Peer-to-Pool Trading
The protocol employs a peer-to-pool mechanism for on-chain perpetual swap trading, which allows for better liquidity management. This model reduces the risks associated with low trading volumes and market manipulation.

Security Measures

Enhanced Security Protocols
To ensure the safety of user assets, Levana supports hardware wallets, such as Ledger, to store private keys offline. Following a past security incident, the team conducted thorough audits to identify and fix vulnerabilities. Additionally, Levana has developed a compensation plan for affected users, highlighting its commitment to maintaining user trust.

Use Cases of Levana Protocol

Facilitating Perpetual Swaps
Levana Protocol enables users to trade perpetual swaps, allowing speculation on asset prices without expiration. It provides a secure platform for traders and liquidity providers, focusing on liquidity and market stability.

Governance Model
The governance of Levana is managed by LVN token holders, who make key decisions about market listings, blockchain deployments, and fee structures. This democratic approach aligns the platform’s growth with community interests.

Recent Developments

Key Milestones
Levana Protocol has made significant advancements, including the launch of its perpetual swaps protocol and strategic partnerships to enhance liquidity and expand its offerings. The introduction of community initiatives, like the Levana Airdrop, has encouraged user participation and engagement.

Conclusion

Levana Protocol is emerging as a significant player in the decentralized finance space, focusing on perpetual swaps while addressing challenges like illiquidity and market manipulation. With a clear roadmap for growth and a commitment to security, Levana offers a promising platform for traders and liquidity providers alike.

What is unique about Levana (LVN)?

Levana Protocol (LVN) stands out by offering a peer-to-pool trading system for perpetual swaps, effectively addressing liquidity risks and market manipulation that are common in traditional platforms.

Who are the founders of Levana (LVN)?

Levana Protocol (LVN) was incubated by Delphi Labs, with a team focused on leveraging decentralized finance to enhance trading experiences within the Cosmos ecosystem.

Who are the backers/investors of Levana (LVN)?

Key investors backing Levana Protocol (LVN) include Arrington XRP, Tribe Capital, Spartan Capital, Dragonfly, and Coinfund, among others, providing strong support for its development and growth.

Where can I buy Levana (LVN)?

 Osmosis, Astrovault