You suck at trading, don't kid yourself, only 1 % of traders are profitable.
Lucky for you there is a way to hedge your terrible skills, and make a 100X in the process.
This 300k MC ๐ combines social trading and real yield to create rocket fuel. ๐
A quick๐งต on $LEVI ๐
1.
.@LeverageInu is a project that stealth launched on Oct 22, 2022, with 40K (now 250k~) initial liquidity, and no reserved tokens for the team.
$Levi is bringing both memes, Defi, and moon potential all into one.
It's about time I do a ๐งต on this hidden rocket ship ๐
2.
After this ๐งต , hopefully, you're a #LEVI master and can make your own decisions on its potential.
1๏ธโฃ What is #LEVI?
2๏ธโฃ How Do They Generate Holders Value?
3๏ธโฃ Tokenomics
4๏ธโฃ Moon potential
3.
1๏ธโฃ What is $LEVI? ๐
.$LEVI is an Arbitrum native project that combines both memes and real yield. IE: "MemeFi".
Kind of amazing and scary at the same time right?
Their goal: Have fun and generate their holders' real yield.
They generate yield through various avenues ๐
4.
2๏ธโฃ How Do They Generate Holders Value?
The $LEVI team generates yield for their holders mainly by Leverage Trading and farming $GLP.
LEVERAGE TRADING MY FUNDS?! Chill shotty.
They don't actually trade your funds ๐
5.
The $LEVI token has a 1% transaction fee which:
๐ 75% goes to leverage trading
๐ 25% goes to yield-farming
After a 20% deduction from the team, $LEVI holders get a proportion of the profits airdropped into their wallet.
Holders are currently getting an estimated 4% APR.
6.
The team isn't married to their yield-generation methods and will expand as opportunities arise.
They also have games for the whole family.
They've recently deployed a lottery in which 15% of entries are used to mint more $GLP.
More games to come on their Roadmap.
7.
3๏ธโฃ Tokenomics ๐
$LEVI is a non-deflationary token with a capped supply of 1,000,000 tokens. โ๏ธ
90% of which are held in LP & 10% are reserved for marketing and community giveaways. โ๏ธ
THIS WAS A STEALTH LAUNCH WITH NO RESERVED TOKENS FOR THE TEAM. โ๏ธ
8.
4๏ธโฃ Moon Potential ๐ ๐
People are paying a 7.5B valuation for $SHIB that offers 0 utility.
Since $LEVI trades use the 1% transaction fee, as $LEVI gains transaction, the leveraged trades and $GLP mints become bigger.
In turn, returning more yield to holders. ๐
9.
As volume picks up, $LEVI generates more fees, which increases yield opportunities, which increases the treasury, which increases the asset price, which then increases fees. ๐คฏ
Talk about a snowball effect โ๏ธ
Obviously, it's contingent on teams trading, but so far so good.
10.
.@21blacky puts it perfectly, I recommend you go check out his thread:
11.
And that's rap.
If you'd like to learn more about @LeverageInu
Discord๐discord.gg/DeWuwkBN
Website๐levi.finance
Docs๐levi.finance/LeverageInu_Whโฆ
(I recommend giving their docs a read, it's a very digestible doc.)
12.
Tagging some fellow Twitter dwellers that like or might like the project ๐
@LouisCooper_
@CryptoKaduna
@RiddlerDeFi
@CrossChainAlex
@0xthade
@TheCryptoDog
@ChadCaff
@teaandcrypto
@andrewsaunders
@EricCryptoman
@LadyofCrypto1
@Slappjakke
@21blacky
@18decimals
@ethersole
Thank you for reading, I hope you learned something and enjoyed the thread!
If you enjoyed this thread, please give it a like๐and a retweetโป๏ธ
Drop a follow, so you don't miss my next one.๐
@ArbiAlpha
Try out leveraged trading on @GMX_IO ๐
app.gmx.io/#/trade/?ref=Dโฆ
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