Luntivo Finance launches presale for Metaverse token as it awaits DEX release

4min Read

Posted: March 1, 2022

By: Anjali Sriniwasan

Journalist

Anjali Sriniwasan

Journalist

Posted: March 1, 2022

Luntivo finance is a decentralized exchange built on the Terra blockchain and also a trading and governance token. Luntivo Finance has announced its Presale/ Initial coin offering (ICO) starting on the 8th February 2022 to end on 28th March 2022.

Luntivo Finance DEX is the first of its kind on the terra blockchain, set to revolutionize transactions on the terra blockchain and further the future of money in the metaverse where it will be used as an exchange platform in the Luntivo Finance DEX and also used to accrue rewards and earn profits on staking pools on the Luntivo Finance DEX. Luntivo Finance DEX is a new age Automated market marker (AMM- Based DEX) that is equipped with a myriad of security and privacy features.

Automated market marker(AMM Based DEX) encourages token staking and token exchange and benefits both Liquidity Pool (LPs) and exchange users with accessible Liquidity provision and exchange, especially for illiquid assets.

Luntivo finance offers innovative features which are interoperable with the metaverse.

The metaverse is a multi-dimensional creation of a new virtual world interface layer between the physical and virtual world.

The Metaverse offers a new way for enthusiasts and participants to earn money and other fungible and non-fungible assets. This is where Luntivo Finance DEX comes in.

Luntivo Finance DEX provides a way for participants to trade assets, fungible and non-fungible tokens across markets. The Luntivo Finance Beta works only on the Terra blockchain but there are plans underway to make it cross-chain.

Luntivo finance as a new generation of DEX differs from others in terms of its Secured Asset Funds For Users(SAFU). This feature ensures the protection of users’ funds and is only available for selected tokens on DEX. Luntivo Finance maintains this fund to ensure there is enough Liquidity and a strong defense

against fraudulent schemes such as rug pull and cyber hacks.

We are thrilled to state that our native token LTVN will be available on various public DEXs. In addition, Early Luntivo participants will have unmediated access to secluded lending markers and very flexible trading rates.

To ensure extensibility, the Terra blockchain on which Luntivo Finance operates is built as an open-source public blockchain program protocol for algorithmic stable coins that consistently track the price of any fiat currency which enables users to trade or exchange terra stable coin, therefore creating a stable demand for terra and increasing the price of Luna.

The Luntivo Finance Presale/ICO is an opportunity for participants and users to gain access to the Luntivo Finance beta program and earn LTVN tokens. LTVN will be officially registered on various DEX to enhance trading options and use by competent traders.

It is also worthy of note that Luntivo Finance was recently added by CoinMarketCap and is undergoing Series A listing after which it will be open for trading on other DEX aside from the Luntivo Finance DEX.

20 million LTVN has been designated for the Presale/Initial Coin Offering (ICO) and it has been limited to a minimum purchase of 3 Luna to ensure that the Presale is made available for people that yearn to benefit from this great opportunity and it has also been capped at a maximum of 600 Luna to prevent the undue cornering of the market by major participants.

The Luntivo Finance team are excited to launch this opportunity to participate in this innovating presale to the general public, for a limited time, to join now and help build the future.

TOKENOMICS

Luntivo Finance tokenomics has been arranged to provide opportunities to participants to grow the ecosystem and simulate the trade and acceptance of the Luntivo Finance DEX.

Disclaimer: This tokenomics was calculated at LUNA price of $55. Prices may vary at the time of purchase.

The Luntivo Finance DEX’s native trade and exchange token are LTVN.

Here is the breakdown of the distribution:

Total Number of LTVN = 100 Million

Token to be distributed for ICO: 20M (20%)

Token to be distributed for Airdrop/Initial Publicity: 5M

Minimum purchase: 3 LUNA

Max purchase: 600 LUNA

1 UST = 40 LTVN

1 LUNA = 2200 (LTVN)

$ 1= 40 (LTVN)

1 LTVN = 0.00045 LUNA (at LUNA/$55)