$LA, which has just been launched on Binance Launchpool, is the infrastructure for data interaction between chains.
There are many public chains now, such as Polygon, zkSync, and Arbitrum, all pushing their own L2. How to connect data between chains? This is a big problem. Lagrange is designed to solve this issue, allowing one chain to securely read data from another chain.
The core modules of the project include:
• ZK Coprocessor: Allows smart contracts to access off-chain data or inter-chain data results, enhancing cross-chain interaction efficiency and security.
• Lagrange State Committees (LSC): An on-chain data snapshot system that enhances the scalability and interoperability of zk applications.
• Support for Polygon CDK, zkSync, Arbitrum Orbit: Integration with multiple mainstream ZK ecosystems to promote standardization.
Token $LA is supported by real value, and every cross-chain data query consumes $LA. Validator nodes must also stake LA to participate in the network. DApps use it and need to spend $LA, and validators need to lock $LA. The more it is used, the more people buy it, the higher the demand, making it a typical usage-driven economic model.
• Payment fees: Users and DApps pay for cross-chain data calls and proofs.
• Validation rewards: Running LSC validator nodes can earn token rewards.
• Staking mechanism: Validator nodes must stake LA tokens to provide security.
Currently priced around 0.35, with a market cap of 67 million and a fully diluted market cap of 347 million. Competitor LayerZero has a circulating market cap of 340 million and a fully diluted market cap of 2 billion. Compared to this, LA has a lot of room for growth.
$LA The token is now listed on Binance Spot, register on Binance to buy now (save 20% on fees):
https://binance.com/zh-CN/join?ref=JZ666…
Invitation code: jz666
