LEVEL
LEVEL above peg provides profit sharing for all.
Last updated
LEVEL above peg provides profit sharing for all.
Last updated
Our optimized, built-in stability mechanisms are designed to maintain LEVEL's peg to BNB for continued user rewards and protocol longevity by multiple methods of buy pressure and added liquidity.
Our contracts automatically convert 3% of every SQUARE sale into LEVEL/wBNB LP - creating constant buy pressure and liquidity for LEVEL no matter the TWAP.
The Fire Tax begins a sliding tax that increases as the TWAP falls under peg.
Developer pay STOPS and begins swapping their SQUARE into LEVEL liquidity, adding further buy pressure to LEVEL and more liquidity until we re-peg.
The Peg Defense Fund builds an allocation of BNB while over peg in order to buy-back LEVEL when under-peg and add LEVEL/wBNB LP.
Treasury funds are used for buybacks and added liquidity to both LEVEL and SQUARE when necessary.
Mystery Box & Wildcard sales are also sent to the Peg Defense Fund and are utilized in combination with the above methods to quickly restore LEVEL's peg and resume expansion.
