Lattice Token

Halal Rating :
Comfortable
Last Price $0.083 Last updated:
Rank 1692
1D Change -4.10 %
Market Cap $2.38m
Circulating supply 28,653,896
Maximum supply 100,000,000

Crypto Overview

Categories
  • DeFi
  • Interoperability
  • Ethereum Ecosystem
  • Yield Farming
  • AMM
  • Governance
  • Exnetwork Capital Portfolio

Purpose and Utility

Lattice Token (LTX) is the native token of Lattice Exchange, a decentralized exchange (DEX) and launchpad platform built on Constellation Network's Hypergraph. The token serves multiple utilities including governance rights, staking rewards, and fee reductions on the platform.

Business Model Assessment

The platform's core business model revolves around facilitating decentralized trading and project launches. The exchange operates transparently with all transactions visible on-chain. The platform does not engage in interest-bearing activities or gambling functions.

Real-World Adoption

Lattice Exchange has demonstrated modest adoption, primarily focusing on projects within the Constellation Network ecosystem. The token is actively traded on several decentralized and centralized exchanges.

Platform Development

The project maintains active development, with regular updates to the platform's infrastructure and feature set. The team consistently releases technical updates and maintains transparency in their development process.

Token Distribution

The token distribution appears reasonably balanced between team allocation, community rewards, and platform development. Team tokens are subject to vesting schedules, demonstrating commitment to long-term development.

Rating Justification

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