#《Introduction to Token Technology: From Issuance to Governance》
Tokens are not just digital assets,
they are the “blood” of the blockchain ecosystem,
connecting users, developers, and project parties.
In terms of issuance, tokens are usually based on smart contracts,
such as the ERC-20 or BEP-20 standards, ensuring transparency and traceability.
Governance tokens allow holders to participate in project decision-making,
from proposal voting to parameter adjustments,
achieving community autonomy and avoiding centralization risks.
Additionally, the design of the token economic model (Tokenomics) is particularly crucial,
a reasonable inflation rate, lock-up mechanisms, and reward distribution,
can incentivize users to hold long-term and actively participate in ecological construction.
In the Lagrange ecosystem, $LA is not just a medium for transactions,
but also a credential and motivation for participating in off-chain calculations and co-building the network.
