Lithosphere is the next-generation platform
Cross Chain DeFi protocol lithosphere is the world's first advanced blockchain interoperability platform powered by AI. kaJ Labs Foundation, the core developer of Lithosphere, showcased a new convention, a new token standard with a mix of other innovations such as the Deep Neural Networks algorithm for creating smart contractsbe smart. KaJ Labs foundation aims to showcase more innovation to the network and the ecosystem in general.
- LITHO UTILITY COINSThe Litho multi-chain token (LITHO) is the native token of the Lithosphere. Coins offer a variety of functions in addition to the basic value storage and transfer.
- LITHOCHANGE DEXLithoSwap is a decentralized cross-chain exchange protocol, based on Lithosphere's Myriad Distributed Key Management technology. lithoSwap allows exchange between any coins on any blockchain that uses ECDSA or EdDSA as yahoo signature like BTC,Stellar, etc.
- THANOS WALLETThanos Is A Free client side to use Lithosphere wallet. Thanos wallet contains a farm of innovative functions like Cross-chain swap, multi-currency storage, NFT DEX, yields, loans, lending & more.
- LEP100 TOKENS AND LITHO LAUNCHPADlEP100 is token development compatible. It is like ERC20 Ethereum with friendly standards to support anyone using digital currency or tokens on the Lithosphere network. The Lithosphere ecosystem is very supportive, and funds all LEP100 bootstrap with various DeFI projects through Litho Launchpad.
- LUSD STABLECOIN ALGORITHMThe Litho USD (LUSD) coin is similar to the algorithmic stablecoin protocol that operates on the Ethereum blockchain, but unlike coins such as the US Dollar Coin (USDC) and Tether (USDT) which are backed by audited US dollar holdings or crypto assets such as PAX Gold (PAXG) , Litho USD Coinnot pegged to US dollars or any crypto collateral.
- TRUE INTEROPERABILITYMost blockchain networks that advertise interoperability actually use a model by forcing connecting blockchains to adhere to their central parachain/hub to facilitate communication between diversified networks. Lithosphere project aims to createan ecosystem that facilitates trustless decentralized communication between different cross-blockchain transfers of any kind of data or assets (not just tokens) without any standards.
SUMMARY
The Lithosphere project has created a BFT algorithm, a new token standard, Litho currency (LITHO), and key distribution mechanisms to achieve the goal of an inclusive decentralized platform. The token's original design consisted largely of the following five elements:
🔸Total one billion tokens available. This amount will allow the token to be launched at an acceptable price and continue to grow steadily from there.
🔸System for distributing tokens. To achieve the notion of non-inflation, the supply of tokens must be limited. this benefits early members and makes the system more stable in the long run.
🔸Token allocation. To realize the idea of decentralization, the distribution of tokens must be properly balanced. we give the Lithosphere team a 10% ratio because of their dedication and ongoing efforts to promote Lithosphere inclusivity in cross-chain, cross organizational and cross-data-source initiatives.
🔸Environmentally friendly construction. more than half of the funds will be donated to the Foundation to help the project grow, particularly in terms of cross-chain, cross organizational and cross data features. To allow additional value to be delivered on the chain and to assist the development of new smart contract applications, the project will also require a token exchange mechanism.
🔸Fuel and miners In the distributed node control system, the range of values will enter the lithosphere. To control the token, the chain requires a large number of scattered nodes. the more nodes there are, the more secure the chain is, and the more nodes are needed as the value chain grows. The chain must compensate miners by releasing tokens and charging a service fee to maintain node count and power calculation
DISCLAIMER
This lithosphere is for informational purposes only. The KaJ Labs Foundation cannot guarantee the conclusions reached in this article. The labs Foundation makes and expressly disclaims all representations and warranties, express, whether explicit, implied, statutory, or otherwise, whatsoever, that the content of this article is error-free that such content will not infringe any third party rights and warranties of fitness. forpurpose, suitability, or function.
For more information about lithosphere, click the link below
TWITTER:https://twitter.com/SuperLitho
LINKEDIN:https://www.linkedin.com/company/kaj-labs/
TELEGRAM GROUP:https://t.me/lithochat
WHITEPAPER:https://lithosphere.network/papers/
REDDIT:https://www.reddit.com/r/lithospheric/
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