LEVER LeverFi
LeverFi Info
RAMP DeFi has been rebranded into LeverFi. LeverFi is powered by LEVER, a governance token, with a total supply of 35 billion.
To participate in governance, users are required to lock up LEVER for a period of between 6 months to 48 months, in order to receive xLEVER tokens. Each xLEVER represents one vote in governance.
Users who undertake longer lockup periods will receive more xLEVER for the same number of LEVER tokens. This means that token holders with a smaller holdings and longer lockups can have comparable voting power with token holders who have larger holdings, but shorter lockups.
Users can stake xLEVER tokens for a share of protocol rewards, which are in the form of ETH and LEVER.
LeverFi News
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