Levana Perps Sei Missions via Blocked.cc
Welcome to the Blocked.cc missions for Levana Perps on the Sei Testnet! (starting Tuesday May 9th) This tutorial is designed to guide you through each step of the beta testing process, from tapping the faucet to redeeming real yield rewards. If you need additional information or help, join the dedicated channel on Levana’s Discord server to receive assistance from our community and support team.
What is Levana? Levana is a GMX style Perps platform launching on Sei Network. Trade long or short with 30x leverage on your favorite crypto currencies, and earn real yield by providing liquidity to the platform.
Mission #1: Connect with Levana’s Social Channels
Before you get started, remember to be eligible for rewards as a beta tester you must:
You can see other links to stay updated with Levana via our Linktree.
Now let’s get started!
Mission #2: Use the Levana Perps ETH Faucet
Levana is a Perpetual Swap which enables 30x leverage for popular assets such as BTC, ETH and ATOM. On the Sei Testnet you will leverage trade ETH tokens you receive from the levana faucet.
Tap the faucet on Levana Perps:
a. Go to the Levana Perps website on the Sei Testnet. https://beta-sei.levana.exchange/trade/ETH_USD
b. Find the “Faucet” button in the drop down menu under your wallet address and click on it.
c. Follow the instructions to receive testnet ETH tokens for your wallet.
Mission #3: Open a Leveraged Position on Levana Perps
Open a long or short market order with a stop loss and a max gain / take profit:
a. Navigate to the “Trading” tab on the Levana Perps platform.
b. Select “Long”
c. Select “Market” as the order type.
d. Input the amount you wish to trade under the “Collateral” section, you can type in the amount or use the slider. You can also set the denomination to $ or ETH.
e. Select the amount of leverage you would like to have applied to your collateral
f. Set your Stop Loss Price. This is the price your position will automatically close at to prevent liquidation.
g. Set your Max Gains/ Take Profit. By lowering your Max Gains, you reduce the fee’s required to pay to keep your position open.
h. Select “Open Long” and submit your order.
Great, now you have a leverage order on testnet! If you want to participate in our upcoming trading competition, sign up with your email address at the top of the page:
Mission 4: Earn Real Yield via providing Liquidity on Levana’s Earn Section
Levana Perps on Sei provides amazing opportunities to earn real yield paid out in your favorite tokens such as ETH, BTC, ATOM and others. By providing liquidity as an LP or xLP holder, you can
Provide liquidity to the LP pool:
a. Navigate to the “Earn” tab on the Levana Perps platform.
b. Click “Manage”.
c. Click “Deposit”
d. Select if you want to deposit to LP or xLP. LP has lower rewards and no lock up time. xLP has higher rewards, but a lock up period.
e. Select the amount of ETH you want to deposit, either via the slider or via typing a number.
f. Click on the “Deposit” button and confirm the transaction with your Leap wallet.
Great work, now you are a pro earning that yield! Come back soon to withdraw your rewards.
Head over to the Levana Discord to chat with other Sei community members about your experience testing Levana Perp’s Sei Testnet version.
