DefiDog ๐ŸŒ Profile picture
Studied Financial Economics โ†’ Fell in Love with Crypto โ†’ Now Creating Crypto Content for Everyone ๐Ÿšจ NFA โญ SDR โ†’ @definedFi โ†’ DM me for DATA Inquiries ๐Ÿค

Jan 18, 2023, 14 tweets

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 ๐Ÿ’Ž combines social trading and real yield to create rocket fuel. ๐Ÿš€

A quick๐Ÿงต on $LEVI ๐Ÿ‘‡

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 ๐Ÿงต on this hidden rocket ship ๐Ÿš€

2.

After this ๐Ÿงต , hopefully, you're a #LEVI master and can make your own decisions on its potential.

1๏ธโƒฃ What is #LEVI?
2๏ธโƒฃ How Do They Generate Holders Value?
3๏ธโƒฃ Tokenomics
4๏ธโƒฃ Moon potential

3.

1๏ธโƒฃ What is $LEVI? ๐Ÿ•

.$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 ๐Ÿ‘‡

4.

2๏ธโƒฃ 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 ๐Ÿ‘‡

5.

The $LEVI token has a 1% transaction fee which:

๐Ÿ‘‰ 75% goes to leverage trading
๐Ÿ‘‰ 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๏ธโƒฃ Tokenomics ๐Ÿ“Š

$LEVI is a non-deflationary token with a capped supply of 1,000,000 tokens. โœ”๏ธ

90% of which are held in LP & 10% are reserved for marketing and community giveaways. โœ”๏ธ

THIS WAS A STEALTH LAUNCH WITH NO RESERVED TOKENS FOR THE TEAM. โœ”๏ธ

8.

4๏ธโƒฃ Moon Potential ๐Ÿš€ ๐ŸŒ”

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. ๐Ÿš€

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. ๐Ÿคฏ

Talk about a snowball effect โ˜ƒ๏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

Discord๐Ÿ‘‰discord.gg/DeWuwkBN
Website๐Ÿ‘‰levi.finance
Docs๐Ÿ‘‰levi.finance/LeverageInu_Whโ€ฆ
(I recommend giving their docs a read, it's a very digestible doc.)

Thank you for reading, I hope you learned something and enjoyed the thread!

If you enjoyed this thread, please give it a like๐Ÿ’™and a retweetโ™ป๏ธ

Drop a follow, so you don't miss my next one.๐Ÿ‘‡
@ArbiAlpha

Try out leveraged trading on @GMX_IO ๐Ÿ‘‡
app.gmx.io/#/trade/?ref=Dโ€ฆ

Share this Scrolly Tale with your friends.

A Scrolly Tale is a new way to read Twitter threads with a more visually immersive experience.
Discover more beautiful Scrolly Tales like this.

Keep scrolling