LVN (Levana) Will Be Listed in LBank Innovation Zone

Dear LBank users,

LVN (Levana) will be listed on LBank at 08:00 on March 19, 2024 (UTC). The details are as follows:

Trading Pair: LVN/USDT

Trading Zone: Innovation Zone

Start Deposit: 08:00 on March 18, 2024 (UTC)

Start Trading: 08:00 on March 19, 2024 (UTC)

Start Withdrawal: 08:00 on March 20, 2024 (UTC)

LVN/USDT spot at: https://www.lbank.com/trade/lvn_usdt

※ This will be effective upon commencement of trading.

About LVN (Levana)

Levana Well-funded Perps is a protocol for perpetual swaps, which are leveraged trading contracts. It aims to manage risk and provide benefits to both traders and liquidity providers.

For traders, Levana's solution is to make all positions "well-funded," meaning that the maximum profit for each position is locked in advance. This eliminates the possibility of bad debt and insolvency, providing greater security.

Liquidity providers, on the other hand, receive a yield for taking on the risk of market instability. They supply funds that act as collateral, and in return, they earn a fee with a risk premium.

The protocol addresses the issues with existing perpetual swap models, such as the virtual AMM. These models rely on complex mechanisms to maintain price stability, but they have limitations and can be risky in volatile markets.

By separating different trading pairs and creating a decentralized market for liquidity, Levana reduces the risk of contagion between different markets. This also makes it easier to expand to other blockchain networks.

Overall, Levana's perpetual swaps protocol offers a reliable and secure platform for traders and liquidity providers. It ensures fair settlement, minimizes risks, and allows for the development of additional financial protocols on top of tokenized positions.

Telegram Link: https://t.me/levanaprotocol\
Twitter Link: https://twitter.com/Levana_protoco
Medium Link: https://blog.levana.finance/
https://discord.com/invite/Xa7yzUtApz

Website: https://trade.levana.finance/osmosis/trade/ATOM_USD

Blockchain browser: https://www.mintscan.io/osmosis

Whitepaper: https://docs.levana.finance/whitepaper

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Risk Warning: Investing in digital assets is extremely risky. Digital asset prices are subject to high market risk and price volatility. The value of your investment may go down or up, and you may not get back the amount invested. You are solely responsible for your investment decisions and LBank is not liable for any losses you may incur. Past performance is not a reliable predictor of future performance. This material shall not be construed as financial advice in any case. LBank reserves the right in its sole discretion to amend or change or cancel this announcement at any time and for any reason without prior notice.