Level Finance (LVL)
Unlock Schedule
Level Finance (LVL) Token Unlock & Vesting Schedule
The chart shows gross modeled releases of every allocation: vesting unlocks, new issuance and reserve distributions, each allocation counted once. These have different meanings; a scheduled release is not evidence that tokens entered circulation or were sold. Review the coverage, sources and assumptions below.
Each color segment in the chart corresponds to a specific allocation group described in the Allocations section below. Underlying assumptions and data models used to reconstruct this schedule are explained in detail under Assumptions, while broader utility insights and token use cases are covered in Tokenomics & Utility.
Assumptions
The LVL contract created 50 million tokens at launch, so later rewards, sales and vesting release existing tokens rather than minting more. Published terms schedule four annual team unlocks and vesting for five strategic sales; liquidity-provider rewards and other incentives changed under DAO decisions. The chart can date those established unlocks, with calculated sale dates labeled as estimates, while listing treasury spending, reward claims and preLVL conversions whose amounts or dates remain unresolved. Burns explain why the displayed on-chain total supply is below the original mint, but they are not negative releases.
- Liquidity providers — revised allocation, 13,000,000 LVL (26% of original supply): New issuance depends on network activity, such as staking, so it cannot be dated in advance.
- Liquidity bootstrapping — revised claimable amount, 450,000 LVL (0.9% of original supply): Releases depend on recipients claiming tokens or on grants being awarded.
- DAO / Strategic — revised allocation, 27,000,000 LVL (54% of original supply): Releases depend on future governance or treasury decisions.
- General security budget — 50,000 LVL (0.1% of original supply): Releases depend on future governance or treasury decisions.
- PancakeSwap Syrup Pool — 45,000 LVL (0.09% of original supply): The sources give the amount but no release dates.
- Trading, loyalty and referral LVL incentives — allocation amount undetermined: New issuance depends on network activity, such as staking, so it cannot be dated in advance.
- Claim-dependent conversion of preLVL rewards into LVL: Releases depend on recipients claiming tokens or on grants being awarded.
- 1. https://bscscan.com/token/0xb64e280e9d1b5dbec4accedb2257a87b400db149?a=0xb1f05c103cdd519e9f9785cda23c03635a598be4
- 2. https://docs.level.finance/tokenomics/lvl-utility-token
- 3. https://docs.level.finance/level-dao
- 4. https://docs.level.finance/miscellaneous/dao-changelog
- 5. https://docs.level.finance/level-dao/dao-treasury
- 6. https://docs.level.finance/tokenomics/prelvl-unvested-token
- 7. https://level-finance.medium.com/decentralized-perpetual-market-launch-on-bnb-chain-ceba89d0dc37
- 8. https://newsletter.level.finance/p/level-ama-recap-march-2024
Allocations
Parts of this allocation with their own release dates are charted as their own allocations; the chart shows the rest here.
Not yet scheduled: 30,091,528 tokens of its parts have no release date yet. The chart shows them as TBD from today, not as unlocked.
Description
#6235
Level Finance is a platform that enables access to perpetual markets on BNB Chain with high leverage and transparency. Level finance features a unique risk management system for liquidity providers to choose their desired level of exposure and reward.
| Sector: | Perpetuals |
| Blockchain: | BNB |