LevelQ Finance Token
LVLQ token is the entry point for any user to start getting utility from the platform while the ability to exchange it on major CEX/DEX. It is supported via the delationary effect of buyback & burn and the success of the protocol, measured by: TVL; Treasury growth; avg APY of vaults; number of vault; daily active users.
veLVLQ uses veToken (3,3) model from Frax Finance, the higher the lock period is, the higher the benefits holders receive while using the protocol. veLVLQ provide the following benefits:
Voting on reward distribution allocation
Boosted rewards
Governance rights
Fee share
Voting on certain protocol changes
Strategy proposal with fee share
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