Lit Protocol announces LITKEY tokenomics: 4.8% for ecological Airdrop

robot
Abstract generation in progress

Mars Financial News, according to the official announcement of Lit Protocol, LITKEY will serve as its native Token, used for Payment Network services, incentivizing Node operators, and participating as a governance Token in protocol development. LITKEY will be Airdropped to early ecosystem builders, Testnet Node operators, etc., before the launch on Lit V1 Mainnet Naga. The total supply distribution of LITKEY is as follows: Investors and team Tokens need to be locked for one year and linearly unlocked over four years, with 4.8% allocated for ecosystem Airdrop, the rest distributed to public sale, private sale, and ecosystem incentives. Naga Mainnet will introduce a decentralized app store, new Signature Algorithm, and optimized payment methods to enhance performance and scalability.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)