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What kind of currency is the digital currency LED (digital currency lon)?

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What kind of currency is the digital currency LED? What functions does it have?

What kind of currency is the digital currency LED (digital currency lon)?

What kind of currency is the digital currency LED? What functions does it have? It can be used as a means of payment, as an accounting unit, and as a speculative tool, among other things.

Currently, there are many tokens on the market that are based on Litecoin, a cryptocurrency. For example, in 2017, the price of Litecoin (LED) reached $3. But as the market heats up, more and more projects are using this technology as a medium of exchange. For instance, on July 1st of this year, Litecoin officially announced that its platform has completed the Lightning Network protocol upgrade and will support BTC and LTC trading services.

Digital currency lon

According to official sources, the digital currency LON has officially launched on Uniswap today.

Lon is a tokenized cryptocurrency based on Ethereum. The total supply of LON is 200 million, of which 50% will be used for liquidity mining (i.e., users will receive rewards by burning LP tokens), 25% will be used for ecosystem development funds (project teams, foundations, and communities), 20% will be used for community and developer incentives (communities and technical developers). 19% will be allocated to ecosystem partners, investors, and advisors. 15% will be airdropped to early supporters, seed stage participants, or early participants in projects launched within the next 12 months, etc.

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