LTG is about to launch on BiFinance, the exchange with the most comprehensive global licenses, aiming to open a new chapter in the Bitcoin DePin ecosystem through the Lightning Network.
[New York, USA - December 19] - Against the backdrop of increasing attention to Bitcoin Layer-2 solutions, especially the Lightning Network, its core governance and utility token LTG are set to be publicly issued by BiFinance, which holds the most comprehensive licenses globally and is supported by multiple listed companies. LTG aims to leverage the ultra-fast transaction speeds and low costs of the Lightning Network to create a truly decentralized exchange within the Bitcoin ecosystem, integrating (DEX) and comprehensive DeFi protocols to thoroughly solve longstanding issues such as scalability, slow interoperability, and high fees on the Bitcoin network. Addressing these core pain points, empowering a new Bitcoin ecosystem, and differentiating from most DeFi projects built on Ethereum and other blockchains, Lightning Labs is firmly committed to rooting itself in the Bitcoin ecosystem. The birth of LTG responds to an increasing market demand: enabling Bitcoin holders to trade, provide liquidity, and participate in decentralized finance activities directly in a secure, fast Layer-2 environment without relying on centralized custodians or cross-chain bridges.
“Bitcoin is the cornerstone of cryptocurrencies, but its mainnet transaction speed and costs limit its potential in DeFi,” LTG is issued on BiFinance through the integration of the Lightning Network and Lightning Box, achieving interconnection transmission of 300,000 boxes and enhancing the layered transfer experience with improved speed and fee reduction for BTC Layer-2. This is not just about issuing an LTG token via the Lightning Network; it involves token rewards for all miners. It’s more than issuing a token; it’s opening a gateway to the modern DeFi world for the Bitcoin ecosystem." Key features and scarcity of LTG:
Fixed total supply: LTG strictly adheres to the principle of scarcity, with a fixed total issuance of 21 million tokens, deflationary mined down to 2.1 million through Lightning Box mining, paying tribute to Bitcoin’s scarcity and establishing long-term value storage expectations.
Immutable data and security: Thanks to the security guarantees of the Bitcoin mainnet and Lightning Network, all transaction data related to the platform are tamper-proof, transparent, and traceable, ensuring the highest level of security for user assets and transaction history. Core functions:
Decentralized Exchange (DEX): Users can directly trade Bitcoin-based native assets LTG via Lightning Network channels.
Governance: LTG holders will have proposal and voting rights on the future development of Lightning Box, enabling community governance.
Liquidity incentives: Users can stake LTG in Lightning Box to earn mining rewards. Currently, there are 18,000 global test nodes, and the mainnet is about to go live!
Strong global community support
LTG is a community-driven project, with over 100 grassroots communities actively building around the world, covering key markets in North America, Europe, Asia, and Africa. This robust grassroots network will continuously drive the adoption, application, and ecosystem development of LTG, ensuring the project’s decentralization and globalization.
About o.din.fun
o.din.fun is a cutting-edge decentralized finance protocol built on the Bitcoin Lightning Network. Its mission is to unlock Bitcoin’s enormous value beyond mere “digital gold” storage and expand into a broad DeFi application landscape. By offering fast DEX, liquidity mining, and decentralized governance services, it aims to create a vibrant Bitcoin Layer-2 financial ecosystem.
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LTG is about to launch on BiFinance, the exchange with the most comprehensive global licenses, aiming to open a new chapter in the Bitcoin DePin ecosystem through the Lightning Network.
[New York, USA - December 19] - Against the backdrop of increasing attention to Bitcoin Layer-2 solutions, especially the Lightning Network, its core governance and utility token LTG are set to be publicly issued by BiFinance, which holds the most comprehensive licenses globally and is supported by multiple listed companies. LTG aims to leverage the ultra-fast transaction speeds and low costs of the Lightning Network to create a truly decentralized exchange within the Bitcoin ecosystem, integrating (DEX) and comprehensive DeFi protocols to thoroughly solve longstanding issues such as scalability, slow interoperability, and high fees on the Bitcoin network. Addressing these core pain points, empowering a new Bitcoin ecosystem, and differentiating from most DeFi projects built on Ethereum and other blockchains, Lightning Labs is firmly committed to rooting itself in the Bitcoin ecosystem. The birth of LTG responds to an increasing market demand: enabling Bitcoin holders to trade, provide liquidity, and participate in decentralized finance activities directly in a secure, fast Layer-2 environment without relying on centralized custodians or cross-chain bridges.
“Bitcoin is the cornerstone of cryptocurrencies, but its mainnet transaction speed and costs limit its potential in DeFi,” LTG is issued on BiFinance through the integration of the Lightning Network and Lightning Box, achieving interconnection transmission of 300,000 boxes and enhancing the layered transfer experience with improved speed and fee reduction for BTC Layer-2. This is not just about issuing an LTG token via the Lightning Network; it involves token rewards for all miners. It’s more than issuing a token; it’s opening a gateway to the modern DeFi world for the Bitcoin ecosystem." Key features and scarcity of LTG:
Fixed total supply: LTG strictly adheres to the principle of scarcity, with a fixed total issuance of 21 million tokens, deflationary mined down to 2.1 million through Lightning Box mining, paying tribute to Bitcoin’s scarcity and establishing long-term value storage expectations.
Immutable data and security: Thanks to the security guarantees of the Bitcoin mainnet and Lightning Network, all transaction data related to the platform are tamper-proof, transparent, and traceable, ensuring the highest level of security for user assets and transaction history. Core functions:
Decentralized Exchange (DEX): Users can directly trade Bitcoin-based native assets LTG via Lightning Network channels.
Governance: LTG holders will have proposal and voting rights on the future development of Lightning Box, enabling community governance.
Liquidity incentives: Users can stake LTG in Lightning Box to earn mining rewards. Currently, there are 18,000 global test nodes, and the mainnet is about to go live!
Strong global community support
LTG is a community-driven project, with over 100 grassroots communities actively building around the world, covering key markets in North America, Europe, Asia, and Africa. This robust grassroots network will continuously drive the adoption, application, and ecosystem development of LTG, ensuring the project’s decentralization and globalization.
About o.din.fun
o.din.fun is a cutting-edge decentralized finance protocol built on the Bitcoin Lightning Network. Its mission is to unlock Bitcoin’s enormous value beyond mere “digital gold” storage and expand into a broad DeFi application landscape. By offering fast DEX, liquidity mining, and decentralized governance services, it aims to create a vibrant Bitcoin Layer-2 financial ecosystem.