LTX token for governance, incentives, and burning transaction fees.
LTX is a governance and incentive token with a burn mechanism, supporting decentralized control, liquidity rewards, and a fee burn to reduce supply.
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What is Lattice Token (LTX)?
The system introduces a native token called LTX, serving both governance and incentivization purposes within the platform. It features a burn function for transaction fees to boost token demand. The LTX Governance Committee, established by the Constellation team, manages proposal submissions and community votes, aiming for full decentralization. Instead of traditional market makers, liquidity providers contribute by depositing assets into pools and earning transaction fees. To encourage initial liquidity, the protocol rewards users who add assets. Transaction fees are initially set at 0.03%, with the majority distributed to liquidity providers and the rest converted into LTX tokens for burning, aiming to reduce circulating supply.
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Lattice Token price live information
As of now, Lattice Token is trading at 0.113786 USD, with a 24-hour trading volume of approximately 0 USD. The LTX to USD price is updated in real time. Over the past 24 hours, Lattice Token has decreased by 0%. It remains the top-ranked cryptocurrency on CMC.IO, with a market capitalization of about 3.26M USD. Currently, there are 28 653 895.88 LTX in circulation out of a maximum supply of 100 000 000 LTX.
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