PancakeSwap to host token sale for Monad-based LeverUp (LV) on CAKE.PAD

BNB Chain-based decentralized exchange (DEX) PancakeSwap (CAKE) announced on its official blog that it will host a token sale for LV, the native token of LeverUp, on its CAKE.PAD launchpad platform. LeverUp is a decentralized perpetual futures exchange (PerpDEX) built on Monad (MON). The platform offers up to 1,001x leverage, applies zero fees to trades with leverage exceeding 500x, and returns all protocol fees to users who stake the token. To participate in the sale, users must use CAKE on the CAKE.PAD platform. The total supply of LV is one billion tokens, with 10 million LV (1% of the supply) allocated for this sale at a price of $0.01 each. The LV sale on CAKE.PAD is scheduled to run from 3:00 a.m. UTC on Dec. 17 to 3:00 a.m. UTC on Dec. 18.