LF Token
The ecosystem token of Lovely Legends — what it is used for today, what is planned, and what holding it does not give you.
What it is
LF is the token the Lovely Legends platform is built around. It is what mining yields, what staking rewards are paid in, what referral trading-fee rewards are credited in, and it trades on the exchange as LF/USDT.
LF is an ERC-20 token on Ethereum with 18 decimals. It can be deposited and withdrawn on Ethereum.
Holding LF is not an investment in LF Labs. It carries no ownership, no equity, no dividend and no governance right, and its price can fall — including to zero.
How it works
- Earn it
Mining yields LF over a 120-day term. Staking pays rewards in LF. Referral trading-fee rewards are credited in LF. All three claim to your wallet with a 0.5% claim fee.
- Or buy it
LF/USDT is a live market on the exchange, with an order book like any other pair.
- Hold it on the exchange
LF held in your Lovely Legends balance is what future holder benefits are intended to be weighted by. Those benefits are not live yet and are marked as such wherever they appear.
- Withdraw it
LF can be withdrawn on Ethereum to an address you control, subject to the usual $1.00 withdrawal fee and review.
Key benefits
The reward asset across the platform
Mining, staking and referral trading-fee rewards are all denominated in LF.
A live market
LF/USDT trades on the exchange's order book at the same published maker and taker rates as any other pair.
20% discount on trading fees paid in LF Planned
Paying eligible spot trading fees in LF for a 20% discount is planned and is not live. Nothing charges fees in LF today.
Holder airdrops from new listings Planned
Airdrops from newly listed coins, weighted by LF held on the exchange, are planned. Eligibility, snapshot timing and distribution terms will be announced per campaign.
Staking and earning utility
LF earned from any programme can be claimed, traded or withdrawn like any other balance.
Verification and community features
Profile verification costs a $2.00 equivalent in LF. It is a cosmetic community feature, not identity verification.
See it
Important notes
Frequently asked questions
What is LF used for today?
It is what mining yields, what staking rewards are paid in, and what referral trading-fee rewards are credited in. It trades as LF/USDT and pays for profile verification.
Which network is LF on?
Ethereum. It is an ERC-20 token with 18 decimals, and can be deposited and withdrawn on Ethereum only.
Can I pay trading fees in LF?
Not yet. The 20% discount for paying eligible spot fees in LF is planned and is not implemented. Fees are charged in the quote asset today.
Do LF holders get airdrops from new listings?
That is planned, not live. The intention is that eligible LF held on the exchange determines a holder's share of a campaign pool, with eligibility, snapshot timing, supported assets and distribution terms announced per campaign.
Does holding LF give me any rights in LF Labs?
No. LF is a utility token of the platform. It carries no ownership, equity, dividend, revenue share or governance right, and holding it is not an investment in the company.
Where can I see the total supply?
LF is an Ethereum ERC-20, so its supply and transfers are public on any Ethereum block explorer.
Earn LF or trade it
Mining and staking earn it; LF/USDT trades on the exchange.