What LEV7 is, and who operates it.

LEV7 is pre-launch. Staking is live; voting on the weekly strategy opens at launch, and referral tracking goes live at launch. The sections below describe the mechanism the contracts implement — where a step is not switched on yet, this is the page that says so.

LEV7 is a governance token. It governs the LEV7 Community Vault, whose shares carry the ticker $ALLO: a single perpetuals account on Lighter, wrapped in an ERC-7540 vault, with USDG as its underlying asset. Stakers vote every week on what that account trades.

The interface does not offer, sell, or take subscriptions for vault shares. There is no way to buy in. $ALLO reaches the community only through the published daily points calculation, and no airdrop is promised — it can be delayed, reduced, or stopped.

Every purchase pays a 3% burn fee. Three percent of the LEV7 bought is burned permanently from the same liquidity pool the other 97% came from.

The fee is paid in USDG, and that USDG goes to the treasury, which deposits it into the LEV7 Community Vault. It is the vault's only source of capital.

Only verified tokens accrue ALLO points. A token becomes verified when someone pays the 3% fee on it, either by buying through the canonical pool or by paying the fee afterward through validation. Verification belongs to the tokens rather than to a wallet: it travels with them on transfer, survives staking, and is revoked on the tokens that are sold.

Points are scored once a day from verifiable on-chain data and published with a cryptographic fingerprint before a single token moves. The day's $ALLO is then split pro rata across everyone's points and airdropped. Qualifying for ALLO rewards takes 7,777 verified tokens.

Staking LEV7 gives voting power over the vault's weekly strategy across the MAG7 stocks and its cash position, and that power can be delegated to someone else. Every vote is weighted by voting power. At the end of the week the result is measured on-chain against a passive benchmark, and if the community's strategy beat it, everyone who participated earns a bonus on their points.

Each day's points epoch is published with the rows the payout reads, committed to by a fingerprint over those same rows. Each week's vote tally is published once its window has closed, with the reveal set anyone can recompute. The contracts are documented one by one and the source is public.

Digital assets can fail quickly and permanently. The risk disclosures summarize material risks but cannot identify every possible risk. Read them, along with the Terms of Use and the Privacy Notice, before using the interface.