Angel Finance is re launching our $ANGELS token! Angel Finance originally started off as a small DeFi investment club on Cardano. Since then our project has evolved significantly over the last 1.5 years! We purchased Levvy at the end of May in 2024. Since then we've rebuilt the back end from scratch so that it worked on live indexed transactions from the block chain directly, instead of the off-chain centralized database it ran on originally. Both the purchase and the required rebuild used a significant amount of our resources over the past year. Thankfully the forced rebuild put us in touch with @saibdev one of the best dev teams currently building on Cardano. With @saibdev's help after the complete rebuild, our teams spent weeks designing the ultimate Levvy app of our dreams. Levvy V3 is the culmination of everything you love about lending in crypto and more! Levvy V3, Part 1. Expected late June, 2025. ~Updated branding. ~New UI. ~Borrowing ADA or stable coins with token collateral. ~Borrowing ADA or stable coins with NFT Collateral. ~Borrowing tokens with ADA or stable coins. ~Token information charts for lending so you can make more informed decisions. Levvy V3, Part 2. Expected October, 2025. ~Perpetual lending. ~Oracle pricing. ~Multi way token collateral. ~Adjustable collateral. ~Stake lending. ~User profiles. ~Volume badges. ~ADA Handle integrations. ~Loan notification alert system. We'll be OPEN SOURCING our code and contracts once V3 is live so we can contribute to the Cardano ecosystem and builders here. Post Levvy V3 development. ~BTC, Runes and Ordinals on Levvy ~Adding Cardano L2's, Midnight etc. ~Wanchain bridged assets for USDC, USDT and more. ~Dedicated Levvy pages for new L1 chains on Levvy. Our original token sale was designed for the vastly different project we are now than we used to be. Now that we're building on chain, we need to adjust our tokenomics and funding to be more reflective of the project we are today, while making sure to keep what everyone loves best about our original token design. What does this mean? Unlike most projects, we planned our tokenomics around what would actually be in the best interest of our holders. That means no extra tokens for the team, the project, "marketing" or "advisors." 100% of the tokens will go to sale participants and to the LP. Meaning 100% of the tokens will be in circulation. This means there won't be any $ANGELS token to earn or farm and 0 tokens will to be vested over years. This will reduce sell pressure compared to other tokens significantly. The upcoming token sale will see our current supply increase from 496,000 tokens to 1,000,000 tokens. 444,000 new tokens will be sold for **3 ADA** each. 60,000 new tokens will be added to our LP along with 180,000 ADA, effectively increasing our liquidity by 360,000 ADA in value. This will bring the projects finances in line with what's required to be a sustainable developing project on Cardano and allow us to reward our holders with revenue from all our current and future DeFi products. Many have said they wish they could buy sizable amounts of $ANGELS, but that our current LP slippage is much too high for them to do so. This sale will allow anyone to buy as many $ANGELS as they like with 0 slippage. The funds raised will be used to earn additional revenue for the project through yield farming, lending, trading and investing. This will allow us to fund development for the foreseeable future and continue to build everything else we want to see once V3 is finished later this year. In return, you'll see increased ADA distributed to holders every month and new products being developed constantly for years to come. Join us for our official token re launch on June 21st! More details are coming soon. Stay Blessed everyone! 🌟
