Dear LBank users:
LAT(PlatON) will be listed on LBank at 20:00 on May 14, 2021 (UTC+8), the details are as follows:
Trading Pair: LAT/USDT
Deposit Enable: 18:00 on May 14, 2021 (UTC+8)
Trading Open: 20:00 on May 14, 2021 (UTC+8)
Withdrawal Enable: 12:00 on May 17, 2021 (UTC+8)
· About LAT(PlatON)
PlatON is a future-oriented next-generation computing architecture. PlatON is committed to building a next-generation computing interoperability network. Based on modern cryptography and blockchain technology, it creates a new computing paradigm. Under the premise of ensuring user data privacy, it can perform collaborative computing and verify the integrity of the results without relying on a third party. .
LAT is also the energy that drives the operation of PlatON, the "computing factory". Each application chain can also create its own application LAT. In the PlatON network, users only need a unified account to manage and use their own LAT. LAT from different chains can be freely transferred across chains.
Token Model
PlatON's Utility Token will be issued in a compliant manner, with a total of 10 billion pieces.
10% of which will be used as a computational warrior fund to reward community developers, DApp developers and node expansion.
10% as a Symbolist Fund for academic research, algorithm research and related activities.
15% for day-to-day operations and O&M expenses of the LatticeX Foundation.
20% allocated to private placement issuers.
20% allocated to the founding team with a locked-in position for a minimum of 18 months.
15% placed in a reserve pool.
10% to the Eco Fund.
Future increments will be made at 2% to 2.5% per year, with the majority of the increments being used as block rewards for verified nodes and a small portion of the increments being used as Staking rewards for alternative nodes that are not selected as verified nodes. The remaining increments are deposited into a trust fund to reward the Platon developer community, which is managed by the LatticeX Foundation.
Website: https://www.platon.network/
Blockchain browser：https://scan.platon.network/
Whitepaper:https://platon.network/pdf/zh/PlatON_A_HighEfficiency_Trustless_Computing_Network_Whitepaper_ZH.pdf
Click here to download for iOS or Android
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