In the rapidly evolving world of cryptocurrency exchanges, LATOKEN stands out as a dynamic platform that bridges the gap between traditional asset markets and the burgeoning crypto space. With a mission to revolutionize capital markets and trading, LATOKEN simplifies the process of managing and trading assets across multiple chains. By leveraging its native token, LA, the platform offers users a seamless experience through trading fee discounts, cross-chain swaps, and gas fees across various blockchains. Discover how LATOKEN is reshaping the financial landscape for both seasoned investors and newcomers alike. Dive in to explore the features and benefits that set LATOKEN apart.

What Is LACHAIN?

LACHAIN is a gateway to the Web3 future for the masses. It is easy to launch or manage assets and protocols across chains with Layer 0 (L0) and bridges secured by Layer 1 (L1) on-chain validation for DeFi, NFTs, Metas, and Games. LACHAIN simplifies your journey into the crypto world by resolving the most common headaches of users across chains, including the complicated process of paying for gas, lack of interoperability between chains, liquidity fragmentation, and ineffective cross-chain yield management.

The network is powered by the LA utility token, which can be used as a medium for cross-chain swaps and gas across all chains:

• LA as a Gas and Staking Base Currency: LA serves as the gas and staking base currency for the multichain yield market.
• Interchange Medium for Cross-Chain AMMs Liquidity Pools: LA acts as an interchange medium for cross-chain Automated Market Makers (AMMs) liquidity pools.
• Payment for Multichain Gas Fees: LA tokens can be used to pay for all multichain gas fees.
• Gas for On-Chain Validation: LA is used as gas for on-chain validation of bridge transactions.
• Gas Token for LACHAIN: LA is the gas token for LACHAIN.
• Validator Staking Reward Token: Validators are rewarded with LA tokens for staking.
• Trading Fees Discount on LATOKEN CEX: Users can enjoy trading fee discounts on the LATOKEN Centralized Exchange (CEX).

What Makes LACHAIN Unique?

LACHAIN is the first example of how asset owners can easily manage assets cross-chain and skip intermediaries. It made the multiverse of chains interoperable and easy to use with the combination of Layer Zero and Layer One protocols. LACHAIN is a multichain platform with a cross-chain messaging protocol, on-chain validation of bridge transactions, and a smart contracts engine.

LACHAIN labs delivered the first-ever solution for non-custodial multichain asset management from a single chain - the multichain yield market. The platform made it as easy to transfer crypto between yield protocols on different chains as between bank savings and deposit accounts.

Before LACHAIN, it required dozens of transactions to re-stake an asset to another chain, including the purchase of a gas token on a centralized exchange. With LACHAIN, investors need to sign one transaction, and everything else is done by a smart contract empowered by LACHAIN messaging and bridges with on-chain validation. This makes it easy to farm yield across chains for retail investors or launch a decentralized fund. The funds may have a simple index strategy or algorithm encoded in a smart contract or a DAO to approve and sign manual investment decisions. This may result in an expansion of non-custodial accounts directly managed by asset owners and decentralized funds as an alternative to centralized asset managers.

Relevant Pages

Read about the LACHAIN yield market revolution.

Where Can You Buy LA Tokens?

LA tokens are highly liquid and can be purchased or traded on LATOKEN CEX. Some of the most popular trading pairs include LA/USDT, LA/BTC, and LA/ETH. LA is available for swap on Ladex DEX and LACHAIN. It is easy to swap any token across any chain for LA via these unique LACHAIN dApps. LA can also be traded against several fiat currencies, including U.S. dollars (USD) and euros (EUR).

Token Market Data

Coin Statistics:

• Current Price: $0.0413
• Market Cap: $15,691,196.01
• 24h Price Change: -1.63%
• 7d Price Change: -2.48%
• 30d Price Change: 11.28%
• 24h High: $0.0421
• 24h Low: $0.0406
• All-Time High: $26.0052 (2021-03-31T11:48:03.000Z)
• All-Time Low: $0.0107 (2020-11-19T05:53:02.000Z)
• Circulating Supply: 380,105,462.00
• Total Supply: 400,000,000.00

The Purpose and Utility of the LATOKEN Crypto Token

The LATOKEN crypto token, LA, is the main currency on the LATOKEN platform and serves as a utility token. It has been confirmed in a legal memorandum prepared by White Summers Caffee & James, a premier technology and international law firm based in San Francisco, to have a distinct utility purpose separate from generating profits. The token is listed on seven exchanges, including OKEX, HitBTC, and KuCoin, and a total of 400 million tokens were issued during the initial LA token sale, with 78 million distributed.

The LATOKEN platform is designed to make capital markets and trading available 24/7 T+0, with a broader range of asset classes. It aims to facilitate capital reallocation into promising businesses, fostering job creation with higher productivity. The platform allows trading tokenized shares of blue-chip companies, such as Apple, Tesla, Google, and others, as well as gold, oil, and real estate ETFs via crypto.

LA tokens are used within the LATOKEN ecosystem to facilitate transactions, access services, and benefit from various features. For instance, LA tokens are used for trading fee discounts on the LATOKEN CEX (Centralized Exchange). Additionally, LA tokens can be used as a medium for cross-chain swaps and gas across all chains, as well as for gas and staking base currency for the multichain yield market, interchange medium for cross-chain AMMs liquidity pools, and trading fees discount on LATOKEN CEX.

In summary, the LATOKEN crypto token, LA, is a utility token designed to facilitate transactions, access services, and provide benefits within the LATOKEN ecosystem. It aims to solve the problem of facilitating capital reallocation.

Tokenomics and Distribution Model of the LATOKEN Crypto Token

The LATOKEN (LA) crypto token operates on a fixed supply, decaying emission model, with the token distribution following this structure. The total token supply is not explicitly stated in the provided sources, but the token distribution is outlined as follows:

• Private Sale: 32% of the tokens were allocated to the private sale.
• Pre Sale: 4% of the tokens were allocated to the pre-sale.
• Main Sale: 28% of the tokens were allocated to the