Important Notice
Deposits and withdrawals are not currently available for this coin.
Leverj Gluon is a token used for staking and governance on the LEVERJ platform, a decentralized and self-custodial derivatives exchange/trading platform powered by Gluon, a Layer 2 sidechain built on top of Ethereum.
Leverj Gluon operates on Gluon, a Layer 2 scalable trading engine on top of the Ethereum blockchain. It leverages Ethereum's Proof of Stake (PoS) consensus mechanism after the Merge and facilitates low fees and high-frequency trading through its sidechain.
Leverj Gluon is mainly used for staking and governance within the LEVERJ platform, facilitating low-cost, high-frequency trading. Its application primarily lies in the cryptocurrency trading and derivatives exchange sectors, particularly focusing on decentralised finance (DeFi) and scaling solutions.
Leverj Gluon was founded by Bharath Rao and Nirmal Gupta, with significant milestones including the launch of the decentralized platform in 2017, the introduction of the Gluon Plasma sidechain in 2018, and the migration from LEV to L2 tokens. The project aims to decentralize desirable features of derivatives trading and has evolved its technology to serve as a universal scaling solution for Ethereum.