Good Morning #DragonRiders. As we all get ready to #crack our #meteors, it brings us back to our early days and how we chose the 🐉 as our mascot.
blog.levana.finance/why-dragons-a0…
A 🧵...
The dragon is Levana’s symbol, mascot, and logo. of Levana’s community members are called #DragonRiders.
Cultures around the world 🗺️ have given dragons 🐲different meanings.
In eastern lore 🀄️, dragon's bring luck and fortune. They grant wishes, bestow treasures, and act as a supernatural ally for those lucky enough to chance an encounter with one.
In western culture 🇬🇧, the dragon has largely played the villain. Powerful creatures out of man’s control, dragons are often portrayed doing nefarious things like stealing princesses 👸, burning down villages 🔥, and hoarding wealth 💰.
Trading / Leverage 🧮
Levana opens strategies for taking leveraged positions. Leverage, like the dragon, brings extraordinary potential to the natural world. 🏔️This enables Levana’s users to be granted superior 🦸♀️strategies than traditional, non-leveraged strategies.
Low flying, safer dragon riders will skim the trees with 2x leverage. Later, increased leveraged products will come from to Levana’s, leading to high flying dragons who soar amongst the clouds at 10x leverage, offering riders vantages from which to hold the world in their hands.
The Levana community, who may use leverage on the platform, will be riders of the dragon. Those who enable riders by providing liquidity to Levana will be dragon keepers.
Dragon’s Den 🐲🛖
The dragon is a symbol of the duality of man and nature. ☯️ Dragons without man to imagine them never reach their full capability.
Man 🕺without dragon is earthbound 🗺️, unable to reach greatest the return, that is: unlimited potential on limited assets. As with dragons, there is a duality 2⃣ to trading with leverage. It requires belief and conviction. Leveraged traders are riding market volatility.
Levana helps to minimize risk due to automated rebalancing. The system’s keeper bots automatically manage the rolling up or down of leverage, making it safer and more optimized for novice traders on the platform.
Danger remains ⚡️, however, as in black swan ⚫️🦢events such as a 30% candle drop in the span of 20 minutes. The dragon may in fact burn down the village 🛖 and all its valuables therein 🪙.
Levana’s decentralized leverage platform requires large sums of liquidity to operate. The initial pool was created from the contributors to the #meteor NFTs. Additional pools will be created by degen farmers 👨🌾. In return for liquidity, participants will earn LVN farming rewards
read the full post here blog.levana.finance/why-dragons-a0…
See a complete update on our progress here in our Town Hall #2
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