Level Finance
Crypto Overview
Project Overview
Level Finance is a decentralized perpetual exchange built on the BNB Chain (formerly BSC). The protocol allows users to trade perpetual futures with up to 30x leverage. The LVL token serves as the platform's governance and utility token.
Purpose and Utility
The LVL token's primary utilities include: governance rights for protocol decisions, fee sharing from trading activities, and staking rewards. Token holders can participate in governance decisions and earn a portion of the protocol's revenue.
Business Model
The protocol generates revenue through trading fees, liquidation fees, and other platform activities. The business model primarily revolves around facilitating leveraged trading and derivatives.
Platform Development and Adoption
Level Finance has shown consistent development activity and maintains regular updates to its protocol. The platform has achieved notable trading volume and user adoption since its launch.
Token Distribution
The token distribution includes allocations for the team, development fund, and community incentives. There are vesting schedules in place for team tokens to prevent immediate selling.
Crypto Impact
To assign a comfort level investing in Level Finance from a halal perspective we need to determine whether it has a net positive or negative impact.
Towards this end, the table below is used to tally all the positive and negative considerations our members can think of related to Level Finance.
If you don’t see something that should be listed, positive or negative, feel free to submit your own contribution using the button “Contribute”.
We will review your contribution for accuracy before publication.
Importantly, you can review listed contributions and vote on which one you think has the greatest impact, positive or negative.
You only have one vote per asset so use it wisely.
You can change your vote if you change your mind.