Leverj Weekly Report #8 | May 10 — May 16, 2021

Xiaoqing Liu
LEVERJ
Published in
3 min readMay 17, 2021

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Hey Levolutionaries,

We are releasing weekly updates to the community about the UI changes, commercial & marketing updates, and everything else we believe you should know about.

This week’s edition covers updates from the 10th of May to the 16th of May, 2021.

Join our conversation on Telegram or Discord.

UI Changes

1. New Registration Flow

Currently all API keys, also referred to as the Gluon keys, are created locally and the public part of the key is registered with a Gluon smart contract. This enables seamless signing of transactions from within the Gluon applications.

In our current set of improvements to the workflow, we are giving power in the hands of the user. That means, we will now support two possible modes.

(1) In one mode, things will be exactly as it is now - Register the keys and interact exactly the same way as today.

(2) In an alternative newer scheme, you do not need to register the keys. However, this would require you to sign the transactions explicitly in Metamask.

So now:

  • All new keys will now be created but not registered with the contract. Unregistered keys will use MetaMask to sign all trades /margins /withdrawals.
  • Keys can be registered anytime from the wallet page. Upon registration all trades/margins/withdrawals will continue to be signed as-is without requiring MetaMask.
  • Existing registered keys will continue to function as-is without any disruption of services.

2. Distinguish Futures and Spot Wallets

We’ve changed the color of some of the metrics on the spot wallet page to Green, including MetaMask Balance, Gluon Available, and Gluon Balance. So that the futures and spot wallets are easier to distinguish.

Futures Wallet
Spot Wallet

Marketing Updates

1. Trading Competition Results Released

We’ve released the results of the trading competition after careful calculation and reconciliation, which includes the winner list, prize distribution, trade volume and the number of trades on each instrument.

Check out the details in this blog: A Deep Look into the #JoinTheLEVolution Trading Competition.

2. $LINK Perpetuals Coming This Week

As announced previously, we are adding a new instrument on the futures market — $LINKUSD PERP. It is expected to go live this week. Let your $LINK marine friends know, it’s time they #JoinTheLEVolution!

3. New Liquidity Provider Coming Onboard

To bring better trading experience for our beloved Levolutionaires, we have been onboarding newer liquidity providers and market makers since last week. Happy trading!

Please keep in mind

US Persons are not allowed to trade on Leverj. Users from sanctioned country or Specially Designated National (SDN) as per OFAC are also not allowed to use the system.

Before you trade, please make sure you are legally permitted to trade cryptocurrencies, derivatives, and any other instruments offered on this platform from your home jurisdiction.

Nothing in this article constitutes an offer, solicitation, or investment advice. The content is for educational purposes only. Images and screenshots may be from our test environments and do not represent data on the live system.

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