What is L7 (LSD)

1. Project Introduction
L7 DEX is a decentralized perpetual contract trading platform that improves the trading experience and lowers transaction costs through an innovative peer-to-peer (PvP-AMM) protocol and trading support tools. The platform aims to create a more efficient and fair trading environment. It also allows the protocol's value to be shared with users via smart contracts, lowering traders' margin requirements while enhancing the value for liquidity providers.
Summary: L7 DEX reduces trading costs and provides an easy-to-use trading model through its PvP-AMM mechanism, alongside automated smart contracts that enhance the protocol’s capital efficiency and security.
2. Team & Investment Info
James L: CEO and partner, formerly Head of Business and Partnerships at Double Protocol and Head of Partnerships and Ecosystem Development at Amasa. He holds degrees from the University of Adelaide and Australian Law School.
Funding: No public funding information available.
3. Social Media URLs
X: https://x.com/L7_Global
Telegram: https://t.me/L7_Official
Discord: https://discord.com/invite/l7official
Facebook: https://www.facebook.com/L7Global
Youtube: https://www.youtube.com/@L7exGlobal
4. Token Info
Token Symbol: LSD
Total Supply: 210,000,000
Token Type: BEP-20
Issuance/Burn Mechanism: Fixed supply
Contract Address:
https://bscscan.com/token/0xcD1B51b87a8a7137D6421bA5A976225187a26777
Token Distribution:
Liquidity Mining: 80%, no TGE unlock, released according to project development
Team: 10%, locked for 2 years after TGE, then released over 3 years
Airdrop: 5%, 1% unlocked at TGE, the rest released over 3 years
Operations: 5%, 1% unlocked at TGE, the rest released over 3 years
5. Related Links
Official Website: https://www.l7dex.finance/
Linktree: https://linktr.ee/L7Global
Other Info: https://www.rootdata.com/Projects/detail/L7%20DEX?k=OTEwMA%3D%3D