How much is the LTO Network currency issued?

The LTO Network's native cryptocurrency, LTO, boasts a total supply capped at 400 million tokens, with an initial release of 100 million tokens, supporting various functions within its blockchain-based business process automation system.

Dec 28, 2024 at 10:38 pm

Key Points

• The LTO Network currency, known as LTO, has a total supply of 400,000,000 tokens.
• The initial circulating supply of LTO was 100,000,000 tokens, with the remaining tokens released over time through vesting periods and other mechanisms.
• The LTO token is used for various purposes within the LTO Network ecosystem, including transaction fees, staking, and governance.
• The LTO Network is a blockchain-based platform designed for the digitization and automation of business processes.

Content

1. LTO Network Currency Issuance

The LTO Network currency, LTO, has a total supply of 400,000,000 tokens. The initial circulating supply of LTO was 100,000,000 tokens, with the remaining tokens released over time through vesting periods and other mechanisms.

2. Token Distribution

The distribution of the LTO tokens is as follows:

• Team and development: 20%
• Advisors and early contributors: 10%
• Marketing and business development: 10%
• Reserve: 10%
• Ecosystem development: 50%

3. Token Vesting

The vesting period for the LTO tokens varies depending on the token holder. The team and development tokens have a vesting period of 3 years, while the advisor and early contributor tokens have a vesting period of 2 years. The marketing and business development tokens have a vesting period of 1 year, and the reserve tokens have no vesting period.

4. Token Use Cases

The LTO token is used for various purposes within the LTO Network ecosystem, including:

• Transaction Fees: LTO tokens are used to pay for transaction fees on the LTO Network.
• Staking: LTO tokens can be staked to earn rewards and participate in governance.
• Governance: LTO token holders can vote on governance proposals to shape the future of the LTO Network.

5. Token Value

The value of the LTO token is determined by market demand and supply. The LTO token price has fluctuated over time, but it has generally trended upwards as the LTO Network has grown.

FAQs

Q: What is the total supply of LTO?
A: The total supply of LTO is 400,000,000 tokens.

Q: What is the circulating supply of LTO?
A: The initial circulating supply of LTO was 100,000,000 tokens.

Q: What is the vesting period for LTO tokens?
A: The vesting period for LTO tokens varies depending on the token holder, ranging from 1 to 3 years.

Q: What are the use cases for LTO tokens?
A: LTO tokens are used for transaction fees, staking, and governance within the LTO Network ecosystem.

Q: How can I buy LTO tokens?
A: LTO tokens can be purchased on cryptocurrency exchanges such as Binance, KuCoin, and Huobi.