What is Lattice Token (LTX)?
Lattice Token (LTX) is the native token of the Lattice Exchange, which is a comprehensive decentralized finance (DeFi) protocol that offers various solutions such as cross-chain swapping, lending, yield farming, and a token Launchpad. Take a look at the Lattice token price chart above to see the current LTX price.
Lattice exchange was created to solve the common problems with the existing DeFi protocols: lack of scalability, interoperability, and high network fees. To solve these problems, Lattice Exchange uses Hypergraph, a scalable protocol developed by the Constellation Network. Hypergraph is a horizontally scalable Layer 1 network that can connect with any Layer 1 network or data source. Consequently, it provides seamless interoperability. The technology has made the Lattice exchange platform highly scalable. Additionally, Hypergraph is a feeless network, making Lattice Exchange cost-effective for users.
Lattice aims to become a gateway for global liquidity. To achieve that, it combines features of traditional equities and modern cryptocurrencies. Besides, Lattice is an AMM-based exchange, which makes it fully decentralized.
Overall, Lattice Exchange is designed to meet the varying needs of various users, including:
- Traders and liquidity providers;
- Yield farmers;
- Projects looking for funding and a Launchpad;
- Traders seeking tools and analytics to improve their results;
- Users seeking to take out fiat currency loans collateralized with crypto assets.
Use Cases of LTX token
LTX is both a utility and governance token. As a governance token, LTX gives holders voting rights, which means they can propose and vote on various changes concerning the further development of the Lattice token crypto project. As a utility token, Lattice coin provides holders with the opportunity to earn interest by providing liquidity.
Don't forget to check the Lattice token price chart. Knowing the current and the previous LTX price will help you to make more informed purchasing decisions.
Who Founded Lattice?
Lattice Exchange is a flagship project of the Constellation Network. The founders of Lattice Exchange are Ben Jorgensen, Mathias Goldmann, and Wyatt Meldman-Floch. Together with Benjamin Diggle they also co-founded the Constellation Network.
Tokenomics of Lattice Token
The maximum supply of LTX is 100 million tokens. The token distribution was designed to support the sustainability and growth of the project. Private and public sales received 25% of the total supply, 40% were dedicated to mining, the team and advisors received 15%, and the remaining supply was set aside in the network reserve and for marketing purposes.
Besides, the Lattice Exchange employs a token burning strategy to moderate the token number and maintain a competitive LTX price.
These are the project's quantitative metrics of its official X account that can be used to trace regular or artificial Social activity & growth within the project.
Followers
26.24K
Followers: 26,240
0.10%
Following
256
0.00%
Posts count
961
0.00%
These are the project's quantitative metrics of its official Reddit account that can be used to trace regular or artificial Social activity & growth within the project.
Subscribers
-
Subreddit type
-
Moderators
-
Currently, official Lattice Token (LTX) Reddit Stats account doesn't exist or wasn't submitted. 🔆 Submit Now
These are the project's quantitative metrics of its official Telegram account that can be used to trace regular or artificial Social activity & growth within the project.
Members
4.84K
Members: 4,842
0.25%
Title
Lattice (LTX)
These are the project website's metrics based on Ahrefs Rank. They're used to trace website activity & growth within the project. DR (Domain Rating) metric is a sign of the project's website reputability that is ranked from 0 to 100 (the higher the rank, the better reputability). Organic Traffic - is a metric of how many monthly users visit the project's website via search engines. All these metrics are used for determining active or passive projects despite the artificial hype.
Website Rating (DR)
33 / 100
2.78%
Ahrefs Rank
2,824,193
3.74%
Organic Traffic (mo.)
0
These are the project's quantitative metrics of its Organizational GitHub Public account that can be used to trace regular or artificial development activity & growth within the project.
Public repos
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Type
-
Currently, official Lattice Token (LTX) GitHub Organization account doesn't exist or wasn't submitted. 🔆 Submit Now
These are the project's quantitative metrics of its official GitHub Public Repositories that can be used to trace regular or artificial development activity, growth & popularity of the project.
Stars
-
Watchers
-
Forks
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Language
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Currently, official Lattice Token (LTX) GitHub Public Repository doesn't exist or wasn't submitted. 🔆 Submit Now
Lattice Token hot topics
Currently, official Lattice Token Reddit account doesn't exist or wasn't submitted. 🔆 Submit Now
@LatticeExchange posts