Lagrange's total financing amount reached 17.2 million USD, with major investors including well-known venture capital firms such as Founders Fund (lead investor), 1kx (lead investor), Maven 11 Capital, Fenbushi Capital, and CMT Digital. This funding supports the project's deep engagement in the blockchain infrastructure field, helping it rapidly advance the innovation and application of zero-knowledge proof technology.
The project focuses on the core pain points in the blockchain and zero-knowledge proof (ZK) fields, such as the computational intensity of proof generation, high costs, significant centralization risks, and insufficient scalability. These issues often hinder the practical implementation of blockchain and the verifiability of AI. @Lagrange Official builds a decentralized proof network (LPN), combining proof aggregation and state committee protocols to provide an efficient infinite proof layer, significantly reducing proof time and costs while enhancing the system's security and global trust, making it easier for developers to build scalable applications.
$LA serves as the utility fuel of the Lagrange ecosystem, with a total supply of 1 billion tokens, adopting a work-oriented economic model for paying proof generation fees, staking to delegate provers, and operating the network through a 4% annual emission subsidy. It cleverly aligns the interests of customers, provers, and token holders. When users pay with ETH or USDC, it triggers the LA buyback mechanism, creating buying pressure and maintaining value stability. This design not only drives network growth but also provides sustainable economic incentives for participants.