The Levana Protocol: Levana is an acronym for “Leverage any Asset” Levana is a fully onchain perpetual swap platform. Levana Perps is currently deployed on 3 blockchains: Osmosis, Sei and Injective. Levana has partnered with the largest spot AMM on Cosmos, Osmosis DEX, the most popular Cosmos chain for leverage, Injective, and the fastest Cosmos network, SEI, to bring a peer to pool onchain perpetual swap trading to the Cosmos ecosystem. Levana is incubated by Delphi Labs, with key Investors such as: Arrington XRP, Tribe Capital, Spartan Capital, Dragonfly, Coinfund, Parafi,and more.
LVN is the native governance token that will govern every aspect of the platform such as:
* Which Markets are listed
* Which Blockchains the Protocol is deployed to.
* What fees are collected
* More.
## The Main Features of Levana
The fundamental problem we are solving is risk of illiquidity. In most perps platforms, you have a situation of longs-vs-shorts. Long positions receive their profits through the losses of shorts and vice-versa. This generally makes sense, but relies on assumptions such as balanced markets. As we have seen historically, especially in extreme market conditions (such as a market meltdown), these assumptions may not hold, and the system may have insufficient liquidity to provide the gains traders are owed.
Another issue we strive to address is market manipulation. With low volume markets and the traditional vAMM/mark price approach to perps, it becomes easy for traders to significantly move the price within the protocol. This can lead to forced liquidations and ease of profit capture.
## How Many Levana Coins Are There in Circulation?
Levana Protocol launched its mainnet token on December 18, 2023 with 70 Million Levana tokens out 1 Billion issued at genesis. 1.7% of the tokens are issued each month until Month 13. Starting Month 13, 4.01% of the tokens are issued each month until Month 30. Token Issuance is split between the Levana Community, Contributors, Advisors, Team, and Treasury.
Please see our token emissions chart for details. Token Emissions - 1B Tokens Levana November 5th, 2023
How to Buy LVN on an Exchange
Step 1: Choose a Reputable Exchange Platform
Select a trusted platform from among many available options for purchasing LVN. Some reputable platforms include HTX、Bybit、Bitget, and others.
Step 2: Register an Account
Here, we'll register an account on the Bybit(registration link) trading platform. You may need to provide personal information such as phone number and email to complete the registration process.
Step 3: Complete Identity Verification
For security purposes, some platforms may require you to complete identity verification. Follow the platform's instructions to provide necessary identity information (such as country/ID number) and undergo facial recognition. Once your identity is confirmed, you'll receive notification.
Step 4: Link Bank or Payment Method
Link your bank account or other payment methods to the exchange platform for making payments when purchasing LVN.
Step 5: Purchase LVN
Find the option to buy coins on the exchange platform, choose the C2C coin purchase process, and then input the quantity of LVN you wish to purchase. Typically, you'll choose to buy USDT first and select your preferred payment method. Simply place the order, make the payment to the seller, and you'll receive the cryptocurrency. Once payment is complete, you can use your exchange assets to buy LVN.
Step 6: Store Your LVN
After purchasing, you can choose to store your LVN in the digital wallet provided by the exchange platform or transfer it to a hardware wallet under your control.
Step 7: Security Reminder
To protect your exchange account and LVN assets, be sure to use a strong password and enable two-factor authentication.
LVN Price:Levana Protocol, as a decentralized finance (DeFi) platform, emphasizes increasing asset leverage through advanced financial tools like perpetual swaps. Its operational principles aim to provide a secure and reliable market for traders and liquidity providers, ensuring fair settlement and minimizing liquidity-related risks.The price fluctuates daily, you can go to the exchange: Bybitto check the price.
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