🔎The $LA Token:
🔹️Native Utility Token:
🔸️$LA is the backbone of the Lagrange ecosystem.
🔹️ Key Functions:
🔸️ Payment: Clients pay fees in $LA to request ZK proofs.
🔸️ Staking & Delegation: Token holders stake LA to secure the network and delegate to provers, incentivizing reliable operation.
🔹️Prover Rewards:
🔸️Provers are rewarded in #LA for generating proofs.
🔸️Economic Alignment: Fosters a shared interest among network participants for long-term success.
🔸️Governance: While not explicitly highlighted as a primary function yet, utility tokens often evolve to include governance.
🔹️Tokenomics:
🔸️Genesis Total Token Supply: 1,000,000,000 LA.
🔸️ Max Token Supply: Infinite (with a 4% annual inflation rate).
🔸️ Circulating Supply upon Binance Listing: 193,000,000 LA (19.3% of total).
🔸️ Airdrop Allocation: 15,000,000 LA (1.5%).
@Lagrange Official #Lagrange
🔹️Native Utility Token:
🔸️$LA is the backbone of the Lagrange ecosystem.
🔹️ Key Functions:
🔸️ Payment: Clients pay fees in $LA to request ZK proofs.
🔸️ Staking & Delegation: Token holders stake LA to secure the network and delegate to provers, incentivizing reliable operation.
🔹️Prover Rewards:
🔸️Provers are rewarded in #LA for generating proofs.
🔸️Economic Alignment: Fosters a shared interest among network participants for long-term success.
🔸️Governance: While not explicitly highlighted as a primary function yet, utility tokens often evolve to include governance.
🔹️Tokenomics:
🔸️Genesis Total Token Supply: 1,000,000,000 LA.
🔸️ Max Token Supply: Infinite (with a 4% annual inflation rate).
🔸️ Circulating Supply upon Binance Listing: 193,000,000 LA (19.3% of total).
🔸️ Airdrop Allocation: 15,000,000 LA (1.5%).
@Lagrange Official #Lagrange
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LA
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