A Message to the Members of Lavita Community
--
On behalf of everyone at Lavita, we’d like to share an update with our community regarding the recent decision by the Gate.io team to delist LAVITA token from their exchange. Gate.io made the announcement a few days ago on its website (link).
Despite significant effort from our team and communicating with Gate.io about Lavita’s ongoing technical and business development work, as well as our plans for increasing the utility of LAVITA tokens through the launch of our mobile app in the coming weeks, the Gate.io team have decided to move forward with the delisting of LAVITA token from their exchange on March 7, as previously announced. While we wished for a different outcome, we respect their decision.
Regarding any LAVITA tokens you may have on your Gate.io exchange account, please make sure to follow the guidelines posted on the exchange’s website (link).
Our plan for the future of LAVITA token
We acknowledge that the removal of Gate.io exchange as a trading avenue for LAVITA token will have an impact in the short-term. As of today, about ~30% of LAVITA trading volume is attributed to Gate.io, while the majority ~70% of the volume takes place on decentralized exchanges.
We anticipate that the utility of LAVITA tokens will increase significantly after the launch of our mobile app in the next few weeks. Users will be able to accumulate tokens through Data Staking and utilize tokens to access various features within the app. We are bullish now more than ever for the future of LAVITA tokens, as we expand the use cases and the utility of the tokens in Lavita decentralized health data platform. We ensure to translate Data Velocity to Token Velocity, in order to maximize the value of the tokens in the long term and for all the Lavita community members.
Please don’t hesitate to reach out to the Lavita team through the social media channels. We also plan to hold live AMA sessions during the next couple of months, to answer your questions about Lavita development and future plans to strengthen Lavita tokenomics. As always, thank you for your support. We will transform the future of personalized healthcare together!
