#SoftStakimg "La Range Coin" likely refers to the cryptocurrency Lagrange (LA). Lagrange is a decentralized ZK-proof network that uses its native token, LA, to incentivize participation and secure the network. The token is used for staking and earning rewards as proofs are generated.
Here's a more detailed breakdown:
Lagrange's Purpose:
Lagrange aims to provide a secure and efficient infrastructure for various protocols, including ZKsync, Polygon, and others, by generating ZK proofs.
LA Token Utility:
The LA token is central to Lagrange's functionality. It's used for:
Staking: Users can stake LA to become provers on the network and earn rewards.
Incentivizing Participation: The token incentivizes users to participate in the network's growth and security.
Fees and Emissions: Rewards, in the form of fees generated by the network, are distributed to LA stakers and provers.