LVT 2.0: Rise
Louverture Finance, the premier compounding protocol on the Avalanche blockchain that rewards its users for holding NFTs daily, has launched a major update to its DeFi protocol titled: Rise. Louverture 2.0 introduces multi-tiered proprietary gamification of ERC-721 standard NFTs.
Why V2?
Over the past couple months, we have observed a number of fatal flaws from various node protocols:
- Lack of sustainability
- Copious amounts of repetition
- Lack of innovation and engagement
- Market saturation
We took a step back and reflected on how we could offer solutions to these major shortcomings, as well as provide a service that has never been done before.
The result? Louverture 2.0: Rise - a major update that introduces gamification of ERC-721 standard NFTs to our existing compounding protocol.
Louverture 2.0 is the first ever 'node' protocol to include eligibility through accumulation of compound count. It is also the first protocol built to perform true RNG on the Avalanche Network.
Our goal is to provide a sustainable, engaging and transparent DeFi protocol that generates high-yield perpetual rewards to our community of investors - and with no barrier to entry. To take part is simple: own one of the NFTs in our ecosystem (Element, Orb, or Black Hole) and receive perpetual passive income that can range from 180% APR to 522% APR.