BNB Chain-Based DEX Level Finance Votes on Transferring $200M to Treasury

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The LevelFinance community is voting on moving over $200 million in native $LVL tokens to its DAO in a move that is expected to bolster value for token holders. By shauryamalwa.

of its native LVL tokens to its decentralized autonomous organization in a move that is expected to bolster value for token holders.

“The entirety of the remaining ~$200m LVL [ex-team allocation] will be transferred to the DAO’s administration and fully owned by the Treasury,” the proposal read.

 

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We’re excited to see the LevelFinance community voting on this big move! Leveraging $LVL tokens and transitioning to a DAO will help provide greater value and a larger long-term impact.

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