Leve Invest, Tokenized Wealthtech Startup Announces Important Steps That Will Soon Be Completed on Its Token
The platform aims to democratize and simplify digital investments, and its token is a key part of its strategy.
"Leve Invest " was founded in 2021 in Rio de Janeiro by two local entrepreneurs with over 10 years of experience in Fintech and over 6 years in the cryptocurrency market. Brothers Hugo Abreu (COO) and Renato Abreu (CEO) have teamed up to realize their vision of a truly democratic investment platform.
With the proposal to democratize and demystify digital investments – whether in DeFi or in the traditional market, covering cryptoassets, ETFs, tokens, among others – Leve Invest will create a secure, integrated, and innovative platform for personal investments.
The "LEVE" token was created to drive the startup's growth, with transaction fees that are directed to asset and company management, adding capital to the ecosystem.
It is important to say that Leve Invest has legality in its operations, in addition to trademark registration with the INPI. With this wave of regulation that is being implemented in the market, it is crucial that projects and companies act by legal means and evidence.
With tokenization, Leve aims to invest the capital in investments in the traditional market that can enhance and maximize Leve® growth, capital that is received through the transaction fees of its token. Through Leve®, users will have access to multi-asset investment, which makes it possible to actively return to DeFi. The token will receive 15% of the Net Income from Leve® operations.
After its initial journey, the Leve Invest (LEVE) token – available for trading on the decentralized exchange PancakeSwap Since November 17, 2022 and already has more than 10,000 holders - it is preparing for a round of incentives to the core of the project and community.
Among the set of news announced, are two of the most important steps for a cryptocurrency. After several completed steps, LEVE is on track to receive an audit from one of the largest Web3 security, blockchain, and smart contract companies, CertiK.
The second news reported by the project team will be the official announcement of a large listing of the token on a centralized exchange, in which the same will be available for trading on a broker ranked among the top 10 global cryptocurrency markets.
In early April 2023, Leve announced important partnerships with investors. The project team also announced that in the same month, it would make the announcement of two major influencers who will have a stake in the startup.
As a result of the "startup x tokenization" union, Leve Invest has been able to deliver satisfactory results to its token holders in a timely manner, being yet another example of how tokenization coupled with the exponential growth of a startup can drive business.
In addition to the news announced by the project team, the token is listed on major cryptocurrency tracking and ranking platforms.
This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $1500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $2500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
Related News
Prisma Finance Reportedly Hit by $9M Hack: What to Know
Prisma Finance paused its protocol operations for investigation and advised vault owners to disable delegate approval.
Reports have emerged indicating that DeFi platform Prisma Finance, fell victim to a hacking attack amounting to approximately $9 million. Cyvers, a web3 security platform, raised the alert after it detected suspicious transactions linked to the breach.
🚨UPDATE🚨Our system has detected multiple suspicious transactions with @PrismaFi and still ongoing!
— 🚨 Cyvers Alerts 🚨 (@CyversAlerts) March 28, 2024
Total loss so far is around $9M. Attacker has funded by @FixedFloat!
Our system has detected the malicious contract 2 min earlier than hack transactions!👇
Our system would… https://t.co/9myoV8DL22 pic.twitter.com/SxT5yYZy7U
Initial estimates suggest a loss of $9 million, with the attacker reportedly utilizing funds from the crypto exchange FixedFloat.
Backing up Cyvers' findings, blockchain security firm PeckShield has confirmed the attack, providing details on the assets targeted by the hacker. Among the stolen assets are Prisma mkUSD and wrapped stETH.
In response to the breach, Prisma Finance issued a statement on X acknowledging the potential exploit. The project reportedly halted its protocol operations to conduct a thorough investigation into the incident.
Additionally, Prisma Finance advised vault owners to disable delegate approval as a precautionary measure.
We are aware of a possible exploit on Prisma.
— Prisma Finance (@PrismaFi) March 28, 2024
Core engineering contributors will pause the protocol and investigate.
We'll share an update and a post-mortem.
From DeFi Future to Security Concerns
Prisma Finance was initially hailed as the future of decentralized finance (DeFi), offering solutions in the form of a new LSTFi protocol. It enabled users to mint a fully collateralized non-custodial and decentralized stablecoin, mkUSD, using Ethereum liquid staking tokens (LSTs) as collateral.
However, the recent exploit paints a stark contrast to the platform's previous reputation, raising concerns regarding cybersecurity in the DeFi space.
Rising Trends in Crypto Hacks
The hack on Prisma Finance adds to a concerning trend in the cryptocurrency space. According to a Feb. 29 report by blockchain security firm Immunefi, over $200 million worth of cryptocurrency was lost to hacks and rug pulls last February, across 32 individual incidents.
This represents a 15.4% increase compared to the same period in 2023. Ethereum remains the most targeted blockchain, with 12 attacks accounting for over 85% of the total value lost in February.
This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $1500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $2500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
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