$LA
Lagrange (LA) is a startup specializing in zero-knowledge (ZK) infrastructure, dedicated to facilitating secure and scalable interoperability across different chains. It employs generalized state proofs to enable decentralized applications (dApps) and protocols to authenticate off-chain data across various blockchains in a trustless manner. The primary objective is to permit smart contracts to obtain verifiable state updates from other blockchains without sacrificing security or decentralization.
Lagrange is specifically designed to support the development of emerging modular blockchain architectures and Layer 2 (L2) ecosystems, particularly in scenarios where ZK-rollups and application-specific chains necessitate concise and cost-effective data communication.
Token application and distribution
Token application
The $LA token serves as the utility currency for the Lagrange Prover Network, utilized by clients to cover fees associated with decentralized proof generation. It helps to offset prover expenses, aligns the interests of clients, provers, and token holders, and facilitates staking and delegation to impact network economics and decrease the circulating supply.