The most prominent feature of the Lagrange currency (LA) — the feature that truly makes it unique — is the existence of a closed economic loop that directly links the demand for zero-knowledge proofs to the value of the currency.
What is this benefit and why is it important?
LA is considered the fuel for the Lagrange infrastructure, as it pays for proof generation requests and incentivizes those providing this service through rewards distributed in the same currency. Thus, every proof generation directly contributes to creating demand for the currency.
Even if the user pays with other currencies such as ETH or USDC, the protocol automatically purchases LA using these funds to distribute rewards to the proof operators. This leads to a constant buying pressure on LA from within the system.
In addition, the system allows those holding the currency the option of staking or delegation, which reduces the number of units in circulation and increases the incentives and accumulated value of the token.
