Governance and Voting (LVRX and xLVRX)

Levrex Finance aims to become a fully community-governed protocol, enabling stakeholders to influence its development and operations through a decentralized voting framework.

LVRX Governance Token

Governance will be facilitated through the native token $LVRX. Users can lock LVRX to receive xLVRX, which grants governance power, voting rights, and a share in protocol fee distribution.

• 2-year lock: 1 LVRX = 1 xLVRX

• 1-year lock: 1 LVRX = 0.5 xLVRX

xLVRX balances represent a user’s voting weight and eligibility for governance incentives.

Voting Mechanism

Levrex will implement an on-chain voting system with the following features:

• Snapshot-based Voting: Ensures fair voting by capturing balances at a specific block

• Proposal Lifecycle: Includes submission, discussion, and execution phases

• Quorum Requirements: Ensures meaningful community engagement and decision-making

Treasury Governance

A portion of protocol revenues and token allocations will be governed by the community treasury. xLVRX holders can vote on the use of these funds, which may include

• Liquidity incentives

• Developer grants and bounties

• Marketing and growth initiatives

Community Participation

Levrex invites the community to

• Engage in governance forums and Discord channels

• Submit, review, and comment on proposals

• Contribute to DAO working groups and governance upgrades

Governance empowers the Levrex ecosystem to evolve based on collective decision-making and long-term alignment. More details about xLVRX mechanics, governance rollout, and DAO transition will follow.