The Layer 2 Index adds LeverJ Gluon (L2)

The Layer 2 Index welcomes, LeverJ (L2 LeverJ Gluon) as a LTI component.

The Layer 2 Index has completed the first reconstitution of the LTI TokenSet. In accordance with previous guidance and to minimize disruption to the LTI token market, this reconstitution was completed today.

Holders of LTI now own a wrapped portfolio of tokens that includes LeverJ (L2 LeverJ Gluon)

LeverJ is a decentralized derivatives trading platform using a plasma side-chain designed specifically for non-custodial, high-speed, low-latency trading.

The Layer 2 Index launched with ten tokens that represented the Layer 2 Scaling and DeFi projects most likely to benefit from Layer 2 Scaling. Over time the Index is managed to keep a focus on projects that are delivering value in the Ethereum DeFi space, and are predominantly exposed to or participating actively in growing Layer 2 Scaling solutions.

We commend LeverJ for their work in building Layer 2 technologies and integrating them in a decentralized manner.

The Layer 2 Index or LTI is a portfolio of protocol tokens that aspire to fundamentally disrupt large parts of the existing Layer 1 of Ethereum’s mainnet DeFi ecosystem and lower the costs for new crypto users through the use of Layer 2 scaling solutions.