LEV7 documentation
What is LEV7?
LEV7 is a governance token with a verified rewards program. Holding it earns you a daily share of a community-directed vault; staking it lets you direct what that vault trades.
LEV7 is a governance token on Robinhood Chain. It governs the LEV7 Community Vault ($ALLO), a tokenized perp account trading the seven MAG7 markets, whose strategy stakers vote on every week. Holding LEV7 earns you a share of that vault, currently paid daily in $ALLO.
The 3% burn fee
Every purchase pays a 3% burn fee, which does two things.
It burns. Three percent of your LEV7 buy is burned permanently from the same liquidity pool you bought the other 97% from.
It funds the vault. You pay the fee in USDG, and that USDG goes to the treasury, which deposits it into the LEV7 Community Vault.
Only verified tokens are eligible for ALLO rewards
Tokens bought through the canonical burn pool are verified. Only verified tokens earn ALLO points. Verification travels with the tokens, not your wallet: it travels with them when you transfer, survives being staked, and is revoked when they're sold. If you acquired LEV7 without paying the fee, you can pay a 3% burn fee to validate your tokens.
LEV7 provides an order router so that users can be sure they're buying verified tokens. The LEV7 front-end plugs into this order router.
ALLO points become $ALLO vault shares, daily
Points are tallied once a day from verified balances and published with a cryptographic fingerprint before anything moves. Then the day's $ALLO is split pro rata across everyone's points and airdropped. Your points that day are your share of the vault airdrop that day.
Staking, voting and referring others multiplies your ALLO points.
Vote on how the vault portfolio is run
Staking LEV7 gives you voting power over the vault's weekly strategy across the MAG7 stocks and its cash position. You can delegate to others to vote on your behalf as well. Everyone's vote is weighted by their 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.
Common questions
What chain is LEV7 on?
LEV7 is deployed on Robinhood Chain, chain ID 4663. Every smart contract address is published in the Smart Contracts section.
Is LEV7 itself a fund or a MAG7 tracker?
No. LEV7 is a fixed-supply ERC-20 governance token. The MAG7 trading happens in the LEV7 Community Vault, a separate tokenized perp account whose weekly strategy stakers vote on. Holding LEV7 is what earns you a daily share of that vault.
How do I get $ALLO?
$ALLO reaches the community only through the daily airdrop against the published ALLO points calculation, and no airdrop is promised. How points and rewards work →
How do I buy LEV7?
Through the LEV7 order router, which the site at lev7.finance/buy plugs into. Buying through the canonical burn pool pays the 3% burn fee and makes your tokens verified, and only verified tokens earn ALLO points.
Start here
The LEV7 Community Vault
$ALLO, the tokenized perp account: what it holds, how shares are earned, and how to redeem.
Points and rewards
What makes a token count, how multipliers stack, and how vault shares get paid out.
Governance and staking
Lock for up to 70 days, multiply your voting power, and direct the weekly strategy.
The Burn-In LP Lock
Locked liquidity, a daily burn budget, and the high-water mark that ends the burn permanently.
Read the risk disclosures before you buy anything.