The *Lagrange (LA)* token is the native utility token of the Lagrange ecosystem, which focuses on decentralized zero-knowledge (ZK) proof generation for applications like blockchain scalability and verifiable AI. [1] #LAGRANGE @Lagrange Official $LA
🔧 Key Functions of the LA Token
- *Proof Generation Fees*: Clients use LA to pay for generating ZK proofs. If payments are made in other tokens like ETH or USDC, the protocol buys back LA to reward provers, supporting token demand. [1]
- *Staking and Delegation*: Provers stake LA to participate in the network. Token holders can delegate their LA to specific provers, influencing reward distribution and network security. [2]
- *Subsidies and Emissions*: The network issues a fixed 4% annual emission of LA to subsidize proof generation costs, with allocations based on the volume of proofs produced by each prover. [1]
- *Governance*: LA holders participate in protocol governance, including decisions on fee structures and subsidy schedules. [3]
📊 Tokenomics and Distribution
- *Total Supply*: 1,000,000,000 LA tokens.
- *Initial Unlock at TGE*: 19.3% of the total supply, including allocations for community, ecosystem, and airdrops. [4]
- *Emission Rate*: 4% annually, primarily to subsidize prover operations. [1]