The Leancoin swap process will be launched on the 5th of June. In response to the high interest in the Lean Management Token to Leancoin swap process, we have decided to introduce a new option for those who carry out the token swap via both the Marketplace and the online form.
As standard, everyone who has deposited Lean Management Tokens into the Marketplace will have the opportunity to receive a 50% reward from the number of tokens swapped under the following conditions:
- Only for those who made a Leancoin deposit on the Marketplace in March – May 2023
- 50% APY for Leancoins withdrawn from the Marketplace, in the absence of outgoing transactions for Leancoin from the wallet within 1 year
- Start of withdrawals from the Marketplace: June 5, 2023
- Time to withdraw from the marketplace to participate in the promotion until June 15, 2023
Additionally, anyone who has completed the swap (Leancoin transferred from Swap Wallet) can gain an additional 10% reward if they hold at least 1,500,000 Leancoin by December 31, 2023. These funds will be distributed in the first week of 2024. The condition for receiving the 10% reward is:
- Holding 1,500,000 Leancoin on December 31, 2023, at a blockchain address
- The blockchain address must be the one to which the Leancoin transfer was made as part of the swap process
- No outgoing transactions from the indicated blockchain address for the Leancoin cryptocurrency
People participating in the 50% APY program have a chance to achieve 60% APY in the case they accumulate at least 1,500,000 Leancoin. For instance, if someone has exchanged Lean Management Tokens for Leancoin via the Marketplace and received 1,000,000 Leancoin, 50% APY will be calculated based on the amount of 1,000,000 Leancoin, which means that on June 10, 2024, they will receive 500,000 Leancoin (50% of 1,000,000 Leancoin). If this person, by December 31, has increased their wallet balance to, for example, 3,000,000 Leancoin, they will receive a 300,000 Leancoin reward in the first week of 2024 (10% of 3,000,000 Leancoin), plus an additional 500,000 Leancoin on June 10, 2024, from the 50% APY program. This assumes that the funds in this wallet were transferred from the swap wallet and no withdrawals from the address for Leancoin took place during the program.
We remind you that this is a loyalty program, not a staking program. Leancoin does not hold users’ tokens. Tokens should be stored exclusively on blockchain addresses. What we require for participation in this program is the absence of outgoing transactions from the wallet. However, the funds are in no way blocked. Each Leancoin holder keeps them in their private wallet. Leancoin supports decentralization, and for this reason, our smart contract (fully decentralized) has received an audit score of 9.7/10 from Hacken.
Leancoin can be purchased through the DigiFinex exchange or the OTC market:
- DigiFinex – https://www.digifinex.com/en-ww/trade/USDT/LEAN
- OTC Market – https://leancoin.io/buy-leancoin/
All funds from the OTC sale will be used to provide liquidity for the newly formed pair on the DEX exchange. Our goal is to support liquidity, providing a real opportunity to buy and sell Leancoin.
