logo

Token Information

$LEAP

  • Definition of $LEAP:
    • Initially, it is an ERC-20 functional token that can be used for transactions, staking, accessing advanced features, etc. In the future, it will have profit-sharing and governance capabilities.
  • Functions of $LEAP:
    • A pass for various LeapFi services.
    • Unlocks advanced investment features in LeapFi.
    • Grants profit-sharing rights for various LeapFi services.
    • Acts as an evidence of rights for governing the LeapFi protocol.
    • Serves financial purposes such as value storage, exchange, leverage, staking, and more for $LEAP itself.

$LEAP

  • Definition of $LEAP
    • Initially an ERC-20 utility token, it will acquire profit-sharing and governance features as the protocol matures.
  • Functions of $LEAP
    • Access pass for various LeapFi services.
    • Unlocking advanced investment features of LeapFi.
    • Rights to profit-sharing from LeapFi services.
    • Certificate for governance rights in the LeapFi protocol.
    • Financial applications including value storage, exchange, leverage, and collateralization of $LEAP itself.
  • $LEAP Token Release Schedule
    • A total of 100M $LEAP tokens will be released to the market over five years (260 weeks).
    • First 26 weeks: 2% of $LEAP is provided weekly as a stability incentive.
    • From week 27 to 260: The release reduces linearly on a block-by-block basis until the end of the fifth year (week 260).
Image without caption

$esLEAP

  • Definition of $esLEAP
    • $esLEAP (Escrowed LEAP) is an ERC-20 token set to be unlocked as $LEAP.
  • Functions of $esLEAP
    • $esLEAP possesses all rights of $LEAP, excluding "transfer." Reference is made to $LEAP's description for these rights.
  • Unlocking $esLEAP
    • $esLEAP will non-linearly unlock into $LEAP over the course of 2 year.
    • $esLEAP is designed to prevent immediate market dumping after receiving the token, thereby preserving the token's value and the overall interests of the community.
    • $esLEAP will be the initial token distributed for team releases to investors, users, incentives, rewards, and all other activities. Both early investors and the team will adhere to the $esLEAP guidelines to maintain the token price and the interests of the entire community.
Image without caption