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What is LACHAIN? LACHAIN is a gateway to the Web3 future for the masses. It simplifies the process of launching or managing assets and protocols across chains with L0 and bridges secured by L1 on-chain validation. LACHAIN resolves common user headaches such as 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 for cross-chain swaps and gas across all chains. LA serves as a gas and staking base currency for the multichain yield market, an interchange medium for cross-chain AMMs liquidity pools, a token for paying multichain gas fees, a gas for on-chain validation of bridge transactions, a gas token for LACHAIN validator staking rewards, and offers trading fee discounts on Latoken CEX.

What makes LACHAIN unique? LACHAIN is the first platform that allows asset owners to easily manage assets cross-chain and skip intermediaries. It achieves this through Layer Zero and Layer One protocols, making the multiverse of chains interoperable and user-friendly. LACHAIN also offers a cross-chain messaging protocol, on-chain validation of bridge transactions, and a smart contracts engine.

LACHAIN Labs has delivered the first-ever solution for noncustodial multichain asset management from a single chain - the multichain yield market. This platform enables easy transfer of crypto between yield protocols on different chains, similar to transferring funds between bank savings and deposit accounts.

Before LACHAIN, it required multiple transactions to re-stake an asset on another chain, including purchasing a gas token on a centralized exchange. With LACHAIN, investors only need to sign one transaction, and the rest is handled by a smart contract empowered by LACHAIN messaging and bridges with on-chain validation. This simplifies yield farming across chains for retail investors and allows for the launch of decentralized funds.

Where can you buy LA tokens? LA tokens are highly liquid and can be purchased or traded on Latoken CEX. Popular trading pairs include LA/USDT, LA/BTC, and LA/ETH. LA tokens are also available for swap on Ladex DEX and LACHAIN. Additionally, LA can be traded against several fiat currencies, including U.S. dollars (USD) and euros (EUR).

Issue Time
1970/01/01
Initial Price
US $ 0.01067968
Circulation/Max
380.10M/1,000.00M
Dominance
0.00%
ROI -87.67%
$0.01067968$26.00521731
Low · 2020/11/192020/11/19 · High

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What is the description of the coin?

According to InWara, a research firm, LATOKEN is recognized as the largest market for Initial Exchange Offerings (IEO). Since 2017, LATOKEN has successfully connected over 130 startups with 400,000 platform users and attracts 1.5 million visitors per month. The native asset of the LATOKEN exchange is LA, which is primarily used for trading cryptocurrencies and improving liquidity. LATOKEN strives to become the leading digital asset exchange and has already launched LADEX, an ERC20 decentralized exchange. Additionally, LATOKEN is developing LACHAIN for the security tokens market and HFT DEX. The mission of LATOKEN is to facilitate global connections between investors and entrepreneurs. They also organize the Blockchain Economic Forum, which brings together government officials, entrepreneurs, and investors. Entrepreneurs seeking funding can explore the LATOKEN IEO Launchpad, while traders can access over 350 digital assets on LATOKEN and utilize RESTful or WebSocket APIs for connectivity.

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