G(r)eeks, tomorrow's leverage round will be different.
22 Mar 2023, 22:02
📢 G(r)eeks, tomorrow’s leverage round will be different!! 📢
Here’s what you need to know about the upcoming leverage round in tweet form:
TLDR; Fees for this Leverage Round have been reduced, and so has the time to position expiration, from 370 days to just 31 days! The changes of this round are an experiment based on community feedback. These changes do not alter the core architecture of Archimedes.
Leverage Round (auction) starts - Friday, March 24, 2023 12:00AM
🏁 Start Price: 1 ARCH to 15,000 lvUSD
🛑 Floor Price: 1 ARCH to 100,000 lvUSD
⏱️ Auction Duration: 24 hours
🗓️ Position Lifetime: 31 Days
RSVP for the Leverage Round on the Archimedes website by submitting your email in the banner, or here on Discord by visiting the event tab.