Lnfi Network (formerly NostrAssets) is a comprehensive financial layer aimed at integrating Web3 and tokenization, rebuilding decentralized finance on the lightning network. Lnfi Network covers the entire token lifecycle, including the creation, management, fundraising, and trading of Taproot assets. LN Exchange is the first decentralized order book trading platform launched by Lnfi Network on the lightning network, providing fast, secure, transparent, and low-cost trading of Bitcoin and Taproot Assets, committed to creating the best trading experience for users.
Lnfi Network recently announced a series of positive news, with its TGE expected to occur in Q1 2015, and 10% of the tokens will be released through pre-mining and airdrops before the TGE. More details are summarized as follows:
1. Announced the completion of pre-seed financing, receiving investments from several well-known VCs
2. After a year of development, achieving some remarkable results:
1. Connecting over 350,000 users to the lightning network and Lnfi
2. Became the largest Lightning channel partner for Binance and OKX, ranking 11th globally
3. In 2023, a large-scale airdrop campaign will be conducted, including TREAT, TRICK, and NOSTR, with a single address airdrop value exceeding $20,000
4. Established the largest peer-to-peer market for Taproot Assets, facilitating nearly 2,000 BTC in trading to date
5. During the trial operation of LN Exchange, the daily trading volume of USDT-denominated perpetual contracts reached $30 million
3. Disclosure of Lnfi Network token economics: Building a community-driven ecosystem
The token economics of Lnfi Network is designed to prioritize the community and look to the future. 60% of the total token supply is allocated to the community, reflecting a commitment to the community-driven flywheel model. This strategic design ensures the continued growth and innovation of the Lnfi ecosystem, providing long-term support for users and stakeholders. A portion of Lnfi's total supply will provide liquidity at the mainnet launch, and the remaining tokens will be gradually unlocked or allocated as future token reward subsidies in the coming years.
Below is an overview of the details for each category:
1. Community (60.00%) -
(1) Pre-launch trading mining rewards + airdrop (10%):
Starting from November 25, 2024, Lnfi Network will launch the third phase of the LN Exchange trading points reward program. This is the most critical participation period before the official launch of LN Exchange. Meanwhile, future airdrop recipients will mainly come from contributors during this period.
(2) Trading mining rewards: Continuous rewards for trading and promoting users in the spot and perpetual contract markets
(3) Channel mining rewards: Incentivizing users who have joined the lightning network, provide liquidity, and self-custody their assets on LN nodes
(4) PayFi mining rewards: Incentivizing payment activities on the lightning network to promote global adoption of the lightning network
(5) $TREAT token exchange -
2. Allocation for funding ecosystems aligned with Lnfi's mission
3. Investors (11.75%)
4. Tokens are allocated in key financing rounds (Pre-seed, Seed and Public) to support Lnfi's growth and vision.
5. Team and advisors (22.00%)
Note: Tokens allocated to Lnfi team members and advisors have a 12-month lock-up period from the TGE, followed by a 48-month unlocking period to ensure long-term commitment.
4. Launched the 'Lnfi Community Partner Program', primarily focusing on this group of users in terms of double weighting for mining computing power, airdrops, etc.
Join the 'Lnfi Community Partner Program' and become a co-creator of the LN Exchange, a lightning network order book exchange.
Lnfi community partner benefits include: exclusive invitation privileges, double weighting for trading mining computing power, referral commission rewards, exclusive APY weighting for locked Lnfi tokens or other assets, airdrop rewards, and the exclusive 'Lnfi Community Partners' community.
