Question 1

What is LVLY?

Accepted Answer

LVLY is the native utility token of the Lyvely platform, using the ERC-20 standard on the Base network. It is used to connect payments, content monetization, and feature benefits within the platform; its status as a utility token does not mean that holders have equity, profit-sharing rights, or management rights in Lyvely.

Question 2

What is LVLY used for?

Accepted Answer

The official token page lists LVLY uses as instant payments, lower transaction fees, converting fiat from a Lyvely profile, unlocking exclusive features, increasing monetization capacity, and accessing restricted content. These respectively serve different stages such as payments, fees, and content permissions; whether a particular feature is available to a particular user also depends on account verification status, region, product rollout status, and platform rules. For example, the official page states that verified creators may apply for a physical or virtual prepaid card and can top up the card using fiat earnings from their profile; it also describes a path to convert LVLY to fiat within the platform. These are product-feature descriptions and should not be understood as guaranteeing conversion or card services for all regions, all users, or at all times.

Question 3

How can I earn LVLY through engagement?

Accepted Answer

LVLY's “engage to earn” mechanism distinguishes non-commercial engagement from monetized operations. LVLY accumulated from non-commercial engagement is capped for each user; monetized operations within the platform, such as purchases or sales, are not subject to this accumulation cap. This distinction is intended to limit repeated farming through engagement alone while placing participation related to actual transactions within a different reward scope. Therefore, eligibility for rewards depends on whether an interaction is a platform-recognized action and on the applicable rules; “no cap” only means that this category has no aforementioned individual accumulation cap. It does not promise that every monetized operation will necessarily receive rewards or specify a fixed reward amount. Verified creators may also receive additional engagement tasks, but eligibility and task content are set by the platform.

Question 4

How are LVLY's total supply and allocation arranged?

Accepted Answer

LVLY has a total supply of 1 billion tokens. The officially disclosed allocation is: ecosystem 35%, team and advisors 15%, marketing 15%, strategic investors 10%, treasury 10%, liquidity pool 10%, KOL ambassadors 3%, and airdrop 2%. Total supply is the token cap; the vesting arrangements for each allocation determine when tokens are planned to be released and are not equivalent to the current market circulating supply.

Question 5

Why does LVLY unlock in stages?

Accepted Answer

TGE unlocks and vesting periods differ by category. Strategic investors account for 10%, with 20% unlocked at TGE, followed by a 12-month cliff and then 24 months of vesting; team and advisors account for 15%, with 0% unlocked at TGE and 36 months of vesting. A cliff period means that the unvested portion will not be released monthly or periodically before that period ends. The ecosystem accounts for 35%, with 5% unlocked at TGE and 24 months of vesting; marketing accounts for 15%, with 5% unlocked at TGE and 24 months of vesting; the airdrop accounts for 2%, with 20% unlocked at TGE and 6 months of vesting; the treasury accounts for 10%, with 5% unlocked at TGE and 18 months of vesting; KOL ambassadors account for 3%, with 20% unlocked at TGE and 12 months of vesting; and the liquidity pool accounts for 10%, with 100% unlocked at TGE. These are disclosed planned parameters, not guarantees of the quantity actually available for sale at a particular time.

Question 6

Which network should I be aware of when using LVLY?

Accepted Answer

LVLY is an ERC-20 token on Base. Base is an EVM-compatible network, so when transferring you must confirm that the asset is LVLY, the network is Base, and the recipient address supports that network; checking the address format alone is insufficient to ensure crediting. Choosing the wrong network may prevent the receiving platform from recognizing the asset, and processing or recovery may not be feasible.

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