LA$
💎 $LA — The backbone of the Lagrange network 💎
At the heart of the Lagrange network stands the currency $LA as a fundamental fuel driving everything from proof generation to securing the network and ensuring its economic sustainability.
🔹 Fee payment mechanism
Every request to generate proof within the network is settled using $LA, where fees correspond to the computational effort required. This means that an increase in demand for proofs directly translates to an increase in demand for the currency.
🔹 Incentives for proof providers
All proof providers receive their rewards exclusively in $LA, even if the original payments are in other currencies. This policy ensures a continuous demand for LA$ and strengthens participants' connection to the long-term success of the network.
🔹 Staking and delegation system
Holders of LA$ can stake or delegate their coins to specific proof providers, directing emission incentives to reduce costs on certain operations. The result? A lower circulating supply and greater power for currency holders in prioritizing the network.
🔹 Network security through economic consensus
The staking mechanism not only provides rewards but also maintains network security. Proof providers are required to maintain performance, or they will face penalties, while delegates participate in rewards based on the success of their choices.
🚀 In short, LA$ is not just a currency, but a comprehensive economic system that combines performance, security, and incentives, creating a stronger and more sustainable Lagrange network.
#LagrangeLA @Lagrange Official
