LAToken (LA Token) Brief Summary @Lagrange Official
LA Token is the blockchain token issued by the LAToken platform, with the core goal of connecting cryptocurrencies to the real economy through asset tokenization, supporting on-chain trading of traditional assets such as stocks, gold, and real estate.
Core Features
Asset Tokenization: Users can indirectly hold rights to physical assets such as Apple stocks and gold through LA Token.
Multi-Scenario Applications: Used for transaction fee payments, governance voting tools, and in cross-border payments and DeFi (staking, lending).
Technical Foundation: Based on Ethereum smart contracts, supports cross-chain transactions, and employs multi-signature and cold storage for security.
Ecosystem and Team
Listed on major exchanges such as Binance and Huobi, collaborating with Youbi Group to promote gold on-chain.
Founder Guo Yuhang is a senior professional in financial technology, with investments from institutions such as Founders Fund.
Economic Model
Total supply of 390 million tokens (some sources claim 10 billion), with 50% allocated for community incentives, and team tokens locked for 1-2 years.
Risk Warning
Regulatory uncertainty, market competition (e.g., Solana), and high price volatility (historical decline over 90%).
Summary
LA Token is innovative in the field of asset tokenization, but attention must be paid to compliance and technological implementation progress, suitable for high-risk tolerant investors.