LightLink Token
The LL token is key to LightLink's growth, serving both as a medium of exchange and governance tool. Its well-structured distribution incentivizes community engagement and ensures ecosystem stability.
LightLink utility
Central role in ecosystem
The LL token is crucial in LightLink's ecosystem, serving as a versatile medium of exchange. It's accepted in the treasury for fees, enhancing its demand and value within the platform.
Governance rights for holders
LL token holders can directly influence LightLink's operational decisions and success. They have a say in how the product is developed, marketing strategies, and token buybacks.
Enhancing platform growth
The LL token, integral to LightLink's growth, is reinvested from treasury funds to develop the platform. Its deployment in user quests increases its practicality, utility, and demand.
Tangible benefits and rewards
Holding or staking LL offers benefits like transaction fee discounts, stimulating activity in the ecosystem. The token also serves as a reward for protocols on the LightLink chain, promoting competition and innovation.
Validator program
LightLink's open-source validator program, with LL tokens at its core, aims to democratize network reliability and transparency. It is exploring additional rewards to attract diverse validators and strengthen network security.
To participate as a validator, individuals must purchase a Validator NFT using LL tokens, which acts as a license for validation rights. This requirement ensures validators have a vested interest in the network's health.
Validators are rewarded with LL tokens for their contribution to block validation, aligning their interests with the network's integrity. Additionally, a delay in issuing rewards ensures long-term commitment and prevents system abuse.
LightLink token distribution and vesting schedule
| Allocation | Percentage | Total tokens | Initial Unlock (%) | Lock-Up (Months) | Vesting (Months) |
|---|---|---|---|---|---|
| Private Seed Raise VC | 14% | 140m | 0 | 12 | 18 |
| Advisors | 5% | 50m | 0 | 12 | 18 |
| LightLink Team | 14% | 140m | 0 | 15 | 18 |
| Airdrop | 6% | 60m | 20% | 3 | Variable |
| Token Generation Event | 6% | 60m | Variable | 0 | Variable |
| Ecosystem Growth Fund | 40% | 400m | 2 | 0 | 60 |
| Staking Reserve | 10% | 100m | 0 | 6 | 60 |
| Liquidity-Market Making | 5% | 50m | 50 | 0 | 12 |
Token distribution
Token vesting schedule
- Advisors
- LightLink Team
- Airdrop
- Token Generation Event
- Private Seed Raise VC
- Staking Reserve
- Market Making Reserve
- Ecosystem Growth Fund