[New York, USA - [December 19] - Against the backdrop of significant attention on Bitcoin Layer-2 solutions, particularly the Lightning Network, its core governance and utility token LTG is about to be publicly issued by BiFinance, which has the most comprehensive global licenses and is backed by multiple listed companies. LTG aims to leverage the Lightning Network's ultra-fast and low transaction cost advantages to create a truly decentralized exchange that belongs to the Bitcoin ecosystem, along with a (DEX) and integrated DeFi protocols, thoroughly addressing the long-standing issues of scalability, slow transfers, and high fees that have plagued the Bitcoin network. By solving core pain points, it empowers a new Bitcoin ecosystem. Unlike most DeFi projects built on Ethereum and other blockchains, the Lightning Lab is firmly rooted in the Bitcoin ecosystem. The birth of LTG is a response to a growing market demand: allowing Bitcoin holders to trade directly in a secure and fast Layer-2 environment without relying on centralized custodians or cross-chain bridges, providing liquidity and participating in decentralized financial activities.
"Bitcoin is the cornerstone of cryptocurrency, but its mainnet's transaction speed and costs limit its application potential in the DeFi space. LTG chooses to issue through the integration of the Lightning Network and Lightning Box in BiFinance, achieving interconnection and transmission of 300,000 boxes, enhancing the tiered transfer experience of BTC's second-layer network speed and fees. This is not just about issuing an LTG through the integration of the Lightning Network, but also about the token rewards for all miners. This is not just about issuing a token, but it also opens a door for the Bitcoin ecosystem to the modern DeFi world." LTG key features and scarcity.
Fixed total supply: LTG strictly follows the principle of scarcity, with a total issuance of 21 million coins, which will be deflated to 2.1 million coins 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, the transaction data related to the platform has the characteristics of being immutable, transparent, and traceable, ensuring the highest level of security for user assets and transaction histories. Core function:
1. Decentralized Exchange (DEX): Users can trade Bitcoin-native asset LTG directly through the Lightning Network channels.
2. Governance Rights: LTG holders will have the proposal and voting rights regarding the future development direction of the Lightning Box, achieving community co-governance.
3. Liquidity incentives: Users can stake LTG through the Lightning Box to earn mining rewards, with 18,000 global test nodes currently, and the mainnet is about to go live!
Powerful global community driving force
LTG belongs to the community grassroots construction targets, with over 100 grassroots communities actively building in key markets around the world, including North America, Europe, Asia, and Africa. This powerful grassroots community network will provide continuous momentum for the popularization, application, and ecological construction of LTG, ensuring the project's decentralization and globalization attributes.
About o.din.fun
o.din.fun is a cutting-edge decentralized finance protocol built on the Bitcoin Lightning Network. Its mission is to release the immense value of Bitcoin from being merely "digital gold" storage into vast DeFi application scenarios, creating a vibrant Bitcoin second-layer financial ecosystem by providing services such as fast DEX, liquidity mining, and decentralized governance.
