LEVER token updates GM Everscale fam, All funds allocat | Everscale News
LEVER token updates
GM Everscale fam,
All funds allocated for the LEVER token in line with the “#86 Lever Architecture” and “#87 Defi Alliance & EverX KPI” proposals have been transferred to the corresponding treasury multisig accounts.
The transactions can be viewed in the Ever Scan explorer via links one, two, and three.
A total of 50 million LEVER tokens were issued against the 60 million EVER collateral. The next steps are to aggregate all partnerships’ token transfer obligations and allocate the total amount to a smart contract. All the information about the upcoming payments will be collected and a fully transparent payment report will also be presented to the community.
In addition to this, the LEVER token has already been added to FlatQube and Ever Wallet token lists.
Just a quick reminder
Last month, the LEVER token was approved by the supermajority of EVER stakeholders via the Ever DAO governance platform. In a nutshell, the LEVER token will be used as a payment means for Everscale business partners and contributors with a two-year lock-up to avoid selling pressure on the EVER token.
LEVER will provide a more sustainable growth model for the ecosystem, and we are excited to see more contributions coming shortly!
#EverDAO #LEVER #Treasury
