[New York, USA – [September 23rd] – Against the backdrop of significant attention garnered by Bitcoin Layer-2 solutions, especially the Lightning Network, its core governance and utility token LTG is set to be publicly issued on the innovative decentralized finance platform o.din.fun. LTG aims to leverage the advantages of the Lightning Network’s ultra-high speed and low transaction costs to create a truly decentralized exchange (DEX) and a comprehensive DeFi protocol for the Bitcoin ecosystem, thoroughly addressing the long-standing issues of scalability and high fees that have plagued the Bitcoin network.
Solving core pain points and empowering the new Bitcoin ecosystem
Unlike most DeFi projects built on other blockchains such as Ethereum, o.din.fun firmly chooses to root in the Bitcoin ecosystem. The birth of LTG is in response to a growing market demand: to allow Bitcoin holders to directly trade, provide liquidity, and participate in decentralized finance activities in a secure and fast Layer-2 environment without relying on centralized custodians or cross-chain bridges.
“Bitcoin is the cornerstone of cryptocurrencies, but its mainnet’s transaction speed and cost limitations restrict its application potential in the DeFi field,” LTG, by integrating the Lightning Network and choosing to issue on o.din.fun, has achieved an almost instant, fee-minimal sub-second transaction experience. This is not only about issuing a token but also about opening a door to a modern DeFi world for the Bitcoin ecosystem.”
Key features and scarcity of LTG
· Fixed total supply: LTG strictly follows the principle of scarcity, with a total issuance fixed at 21 million, paying homage 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 the Lightning Network, all transaction data related to LTG and the o.din.fun platform are immutable, transparent, and traceable, ensuring the highest level of security for user assets and transaction history. · Core functions: 1. Decentralized Exchange (DEX): Users can directly trade the Bitcoin native asset LTG through Lightning Network channels. 2. Governance rights: LTG holders will have the right to propose and vote on the future development direction of the o.din.fun platform, achieving community governance. 3. Liquidity incentives: Users can receive rewards such as platform transaction fee dividends by staking LTG or providing liquidity.
Powerful global community driving force
LTG belongs to the community grassroots construction target, and there will be more than 100 grassroots communities actively building all over the world, covering key markets such as North America, Europe, Asia, and Africa. This powerful grassroots community network will provide an endless driving force for the popularization, application, and ecological construction of LTG, ensuring the decentralized and global attributes of the project.
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 enormous value of Bitcoin from a simple “digital gold” storage to a broad DeFi application scenario, creating a world-class platform by providing fast DEX, liquidity mining, and decentralized governance services.
[Official Twitter link] View https://x.com/Danielepassoss3?s=05
