Since its initiation in 2023, L7 has achieved notable success. It has been consistently listed on various market data platforms, and its platform token, LSD, has gradually listing on top exchanges, and swiftly surpassing $15 million in on-chain liquidity, these accomplishments have garnered attention. Accompanied by a well-executed global online and offline marketing strategy and community ambassador recruitment, L7 has naturally amassed a large user base. As of December 2023, L7 boasts communities and nodes in over 80 countries, with a real user base exceeding 100,000.
In the pursuit of further development, L7 is enhancing the utility of LSD, its core token. To achieve this, L7 has rolled out a series of new products, filling gaps and exploring the untapped potential of LSD. This article delves into the interpretation of L7's newly launched Farm and Syrup Pool products, aiming to uncover the current and future development space for both L7 and LSD.
Project Overview
L7 as a Web3 digital asset management and traffic aggregation platform, committed to providing digital asset investment and allocation services for global investors. Leveraging rich industry resources and an extensive network, L7 offers diversified investment solutions, including digital asset venture capital, startup project incubation, and financial management.
Continuous Product Launches: L7 Expanding into Various Scenarios
After extensive preparation, L7 has introduced a variety of applications, including CEX/DEX and crypto cards. These products serve not only as essential carriers for expanding community traffic but also provide crucial support for the project's overall development. With these business activities in full swing, LSD, in circulation, will be extensively used in various applications and scenarios, thereby enhancing its utility. Simultaneously, the profits generated by the project will rapidly activate L7's designed buyback and burn mechanism, consuming a significant portion of circulating supply and potentially leading to a price reversal.
While the application of products on the ground is only one aspect, this article won't delve into those details due to space constraints. The key to unlocking LSD's potential lies in how L7, through diverse farms, syrup pools, and real applications, shapes it into a continuously yielding "golden shovel."
Farms: Empowering with Multiple Crypto Earnings, LSD as the Golden Shovel
In the early stages of project operation, L7 faced challenges due to its developmental stage, a lack of practical applications for LSD, and limited collaboration opportunities. The mining mechanism also resulted in significant sell pressure. In response, L7 introduced various real-world applications and, through model design, community collaboration, and project partnerships, provided LSD with more practical use cases and deflationary mechanisms, aiming to make LSD the core asset for ecosystem development.
Sow the Seeds, Reap the Rewards: LSD's Diverse Applications Unleashed through 'Farms'
L7 has devised a range of robust farming strategies, leveraging LSD/USDT as the focal point. Within these farms, users can choose to yield not only LSD but also trending tokens like ORDI/SATS or tokens from trending projects and blockchains such as HOOK/SOL. This allows for a diversified approach to financial management within the farming ecosystem.
What makes L7's solution remarkable is its ability to significantly lower the barriers for users to participate in various trends. For example, participation in inscription projects can be challenging for ordinary users due to the complexity of inscription forging and the difficulty in identifying valuable projects.
L7 addresses this by offering a solution through its community, allowing users to participate in the LSD/USDT farm and easily obtain the latest and hottest inscription tokens on the market, avoiding high entry barriers and expensive BTC transaction fees. This strategy is undoubtedly a clever move for the market.
This operational mechanism is a win-win. While users benefit from low-entry investments, L7 can diversify its investments in the blockchain ecosystem through this approach, effectively accomplishing angel round investments in new projects, whether through collaboration or direct purchase of popular tokens. For L7, whether acquiring these popular tokens through collaboration or purchasing, it essentially empowers the blockchain ecosystem. In the ongoing favorable market conditions, this is sure to bring diverse returns for L7, attracting numerous high-quality projects for collaboration.
Enriching output alone is evidently insufficient; it's crucial to create more demand and scenarios for LSD. In this regard, L7 leverages its community and ecosystem, positioning LSD/USDT as a pivotal asset for project collaboration. With its robust community and ecosystem, L7 effortlessly assists emerging projects and other high-quality Web3 initiatives in accumulating users and traffic. These collaborative projects contribute to increasing LSD demand and locking, while the LSD/USDT farm acts as an accelerator for their mining rewards. For instance, a user participating in a farm launched by a collaborative project while holding the LSD/USDT trading pair will experience accelerated yields of new project tokens based on their respective weights. It is foreseeable that this weight-based collaboration approach will gradually become a significant aspect of project alliances and promotions.
Mutually Complementary: Farming + Syrup Pool Achieving Circularity
In addition to farms, the syrup pool, allowing single crypto staking, is an essential part of L7's new product lineup.
Complementing the farm feature, participation in the syrup pool is much simpler, requiring users to hold LSD or other tokens, choose the staking period and token, and stake their assets. Similar to other syrup pools in the market, L7's syrup pool sets different reward rates based on the staking period – longer periods yield higher returns. For LSD token holders, staking or earning LSD in the pool allows them to reinvest, generating secondary income.
What sets L7's syrup pool apart is the diverse range of tokens it produces, including mainstream cryptos, popular tokens, and tokens from various partnered projects. Users participating in the syrup pool can enjoy returns not only through single crypto management but also experience the excitement of Launchpad events. In addition to providing users with more earning opportunities, L7 opens the syrup pool to partner projects, allowing their tokens to be staked or used as rewards, contributing to the development of these projects.
The synergy between the syrup pool and farms, acting as complements, allows for a continuous cycle enabling L7 further expands its brand influence. The effective strategies and applications, increasing LSD consumption and usage, empowering project development while achieving shared benefits with the community. The continuous participation of various projects and users lays a solid foundation for the future development of L7, creating a Web3 asset management and traffic aggregation ecosystem with a dual lane of community and project-oriented growth.
Conclusion
In the nearly ten years of blockchain development, both BTC and emerging projects have undergone various tests and fluctuations. Time serves as a rigorous evaluator for each user, sifting through projects to identify the genuinely high-quality ones. For L7, the current challenges represent a rare opportunity.
With an improved product line, L7 leverages its global community and robust ecosystem, making LSD a "golden shovel" in the Web3 space. Through effective model designs and various applications, LSD becomes a core asset for the Web3 ecosystem's development, boosting its value while providing positive feedback to the community and partnered projects.
