After Binance announced it would delist the altcoin, developers minted a massive amount of tokens quietly.

Lev,erFi, the leveraged trading protocol, has minted approximately 13.7 billion tokens $LEVER

New, according to on-chain data.

Some of these tokens have already been transferred to another cryptocurrency trading platform, but no official statement has been issued by the project team so far.

This development follows the announcement #Binance of the delisting of token $LEVER from its platform effective July 4. The platform's community sees the timing of the new token minting and its transfer to the platform as noteworthy.

Lev,erFi announced the "Leve,rAI Participation Incentive Program" on May 15, and announced that the total supply will increase from 35 billion to 55.7865 billion. Today's token minting may be part of this new supply plan.

Lev,erFi, formerly known as R,AMP,,DEFI, aims to provide an adaptive layer that enables artificial intelligence-supported decentralized applications (deAI) to communicate and interact securely on global blockchain networks, according to its official statement.

Token $LEVER is currently trading at $0.0003124, down 94.2% from its peak of $0.005333 in July 2022.