LEVER Governance Staking Now Live! 2,000,000,000 LVR Up for Grabs
We are happy to share that the LEVER Governance Staking Program is now live! Users with LEVER tokens can head over to the staking portal to participate in staking:
Staking Portal: https://gov.leverfi.io/stake
Governance Staking Guide
Step 1: Choose the Staking Multiplier and Stake Your LEVER
Based on the Lock Duration, a Staking Multiplier is applied to generate xLEVER tokens:
- 30 Days Lock: 1x Multiplier (1,000,000 LEVER = 1,000,000 xLEVER)
- 60 Days Lock: 2x Multiplier (1,000,000 LEVER = 2,000,000 xLEVER)
- 90 Days Lock: 3x Multiplier (1,000,000 LEVER = 3,000,000 xLEVER)
In effect, a Governance Node who locks up 1,000,000 LEVER for three months can expect to earn the same amount of Governance Points as a Governance Node who locks up 3,000,000 LEVER for one month.
This means that users with less LEVER but willing to make longer-term commitments and contributions can still have strong representation in governance, and have the same voice as larger holders.
Step 2: Stake xLEVER to earn Governance Points (LVR)
The xLEVER tokens can be staked to earn Governance Points, which are accumulated as LVR.
LeverFi: Innovation, Always.
LeverFi is an on-chain, cross-margin platform on Ethereum, offering DeFi users a best-in-class leveraged trading platform with new omni-chain deployments in the pipeline.
With our eyes set on offering innovative opportunities and incentives, we’re thrilled to bring the LeverFi experience to a community of passionate traders like you.
Stay tuned for more updates as we continue to expand to more users globally, and enhance the way traders engage with decentralized finance by following us on our socials:
- Trade now: https://app.leverfi.io
- Follow us on Twitter to learn more: https://twitter.com/leverfi
- Visit our website to learn about LeverFi: https://www.leverfi.io
- Follow our blog for product updates & DeFi insights: https://medium.com/leverfi
- Learn about the LeverFi product design: https://docs.leverfi.io
- Join our fast-growing community of DeFi enthusiasts on our official Telegram channel.
