Lagrange ($LA ) is the native utility token of the Lagrange blockchain infrastructure project, which focuses on utilizing zero-knowledge cryptography (ZK) to enable verifiable computing and unlimited scalability. The project aims to address challenges in the blockchain verification and AI space, particularly regarding scalability, resource allocation, and cross-chain interoperability.

Lagrange operates through two main components:

  • Decentralized ZK Prover Network: This network is responsible for generating zero-knowledge proofs and providing censorship-resistant decentralized proofs.

  • ZK Coprocessor: This allows smart contracts to perform off-chain computation efficiently verifiable on-chain.

LA tokens serve as the center of the Lagrange ecosystem. They are used by clients to pay for proof generation fees and by provers as staking assets. By staking LA, provers ensure reliability and receive rewards from the fees collected. The LA tokenomics are designed to drive token demand directly through proof demand, with a total supply of 1 billion tokens and a fixed annual emission rate of 4% allocated to provers. LA token holders can also participate in protocol governance, including decision-making regarding fees and treasury management.

HODLer Airdrop LA Details

  • Token Name: Lagrange (LA)

  • Total Genesis Token Supply: 1,000,000,000 LA

  • Max Token Supply: Unlimited (annual inflation of 4%)

  • Reward Token Airdrop HODLer: 15,000,000 LA (1.5% of Total Genesis Token Supply)

  • An additional 5,000,000 LA will be allocated for marketing campaigns after the spot listing, and another 5,000,000 LA will be allocated 3 months later. Details will be provided in a separate announcement.

  • Circulating Supply at Listing on Binance: 193,000,000 LA (19.3% of total token supply)

Binance HODLer Airdrop Program: Earn Rewards by Holding BNB

The Binance HODLer Airdrop program is designed to reward users who hold their BNB tokens. This program distributes token airdrops to BNB holders based on historical snapshots of their BNB balances.

Users can qualify for this airdrop automatically by subscribing their BNB to Binance Simple Earn products (Flexible and/or Locked) or Yield On-Chain products. This offers an easy way for users to earn additional tokens retroactively.

How to Participate:

  1. Access the "Earn" section on Binance.

  2. Find BNB and subscribe your BNB holdings to the Simple Earn or Yield On-Chain products.

  3. User balance snapshots are taken several times each hour to calculate their average balance per hour in these products.

  4. Binance uses historical snapshots to calculate rewards and distribute them to eligible users' Spot Accounts within 24 hours after the HODLer Airdrop announcement.

It is important to note that BNB secured with Binance Loans does not qualify for HODLer Airdrop rewards. Participation in this program is also subject to eligibility based on the user's country or region of residence, and users must complete account verification (KYC).

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