Lagrange Token (LA) is the native utility token of the blockchain project launched by Lagrange Labs, supporting its decentralized proof network and ecological incentives, aiming to solve the challenges of blockchain scalability and privacy computing.

It has a total supply cap of 1 billion tokens, with an annual emission rate fixed at 4%. This emission is distributed to the proofers based on the amount of proofs generated. In the Lagrange ecosystem, customers can pay for proof generation fees using LA or other tokens like ETH, USDC, etc., but proofers are rewarded only in LA, thereby establishing a positive correlation between proof demand and token demand.

LA has diverse uses. Holders can stake or delegate LA to proofers, subsidizing proof costs, reducing circulating supply, and ensuring network security and efficiency; they can also exercise voting rights in the decentralized autonomous organization (DAO) of the Lagrange Foundation, participate in protocol decisions, and influence the direction of project development. @Lagrange Official #lagrange $LA