LV Convert
Liquidity-Backed Vesting Convert
LV Convert is a liquidity-backed vesting program designed to support liquidity provision and structured token distribution after listing. The program operates under a fixed allocation model that combines locked liquidity provision with time-based vesting.
Overview
LV Convert allows participants to contribute USDT under predefined conditions. The protocol manages liquidity provisioning and vesting according to transparent rules, ensuring predictable token release and controlled supply flow.
Allocation Structure
Each participation amount is allocated as follows:
50% Liquidity Provision 50% of the deposited value is allocated to liquidity provision. The liquidity position is locked for 180 days.
50% Vesting Allocation The remaining 50% is allocated to BTX and distributed through linear, per-second vesting over 180 days.
Vesting Bonus
An additional 9.8% vesting bonus is applied to the vesting allocation.
The bonus is included directly in the total vesting amount
No separate reward or incentive distribution exists
The base vesting amount and the bonus are released together under a single linear vesting schedule
This ensures that all vested tokens follow the same transparent release curve.
Vesting Mechanics
Vesting accrues continuously on a per-second basis
Tokens become claimable gradually throughout the vesting period
All vested amounts, including the bonus, are managed within a single vesting stream
No separate claim process for bonuses or incentives is required
Vesting Schedule (180 Days)
Below is an illustrative vesting schedule showing how tokens are released over time.
Vesting increases linearly from Day 0 to Day 180, with tokens becoming progressively claimable over time.
Liquidity Provision Policy
Liquidity provision uses BTX supplied by the protocol in advance
As a result, participants do not experience token amount reduction due to slippage during the liquidity provision phase
Liquidity positions remain locked until the lock period ends
LV Convert Smart Contracts
Contract addresses and implementation details are documented in the official GitHub repository:
https://github.com/beatswap-labs/btx-token-contracts/blob/main/README.md#lv-convert-liquidity-backed-vesting
Token Allocation Note
The Public Round allocation was not conducted as a direct token sale prior to listing and is intended for vesting mechanisms designed to support liquidity provision.
FAQ
What is LV Convert?
LV Convert is a liquidity-backed vesting program that combines locked liquidity provision with time-based token vesting.
How is my USDT allocated?
Each participation amount is split evenly:
50% for liquidity provision (locked for 180 days)
50% for BTX vesting (released linearly over 180 days)
Is there a bonus?
Yes. A 9.8% vesting bonus is applied to the vesting allocation and included directly in the vesting stream.
Are bonuses distributed separately?
No. The base vesting amount and the bonus are combined into a single vesting schedule.
When can I claim vested tokens?
Tokens become claimable continuously as vesting progresses, on a per-second basis, throughout the 180-day period.
Is liquidity withdrawable before the lock period ends?
No. Liquidity remains locked for the full 180-day period.
Summary
LV Convert provides a structured framework that aligns liquidity support with controlled token distribution, combining fixed allocation rules, linear vesting, and a transparent bonus structure.
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