Cryptocurrencies: 
Exchanges: 
Market cap: 2.71T
Volume 24 hrs: 92.50B
Dominance: BTC 60.68%
ETH Gas: 0.444957403 GWEI
Cryptocurrencies: 
Exchanges: 
Market cap: 2.71T
Volume 24 hrs: 92.50B
Dominance: BTC 60.68%
ETH Gas: 0.444957403 GWEI

Lithium Finance
About Lithium Finance
Lithium Finance is the first decentralized data oracle solution that uses collective intelligence to regularly price illiquid assets.
Socials
  • Total Supply
    10,000,000,000

  • FDV
    60,000,000 USDT

Status
IDO
Past
Ended 2021-06-24
Tokenomics
Created with Highcharts 11.4.1
  • Strategic Round 1: 7%
  • Ecosystem: 15%
  • Staking Reward: 30%
  • Seed: 4.5%
  • Strategic Round 2 : 7.5%
  • Public: 1%
  • Team: 10%
  • Advisor: 5%
  • Liquidity: 10%
  • Community : 10%
About Lithium Finance

Native Token: LITH

Lithium Finance will issue a utility token to be used as a reward mechanism and as a staking token for questions and answers.

During the process of posing a question and answering, each individual will stake a certain amount as either bounty (when asking a question) or confidence (when answering). This combination of staking creates stronger signals towards the best information.

Usage of Tokens

Bounty Offer from Wisdom Queriers to incentivise Wisdom Node answers 

The more valuable information is to someone, the more they are willing to pay for an answer. In aggregate with many people wanting access to the same information, the bounty can become substantial. 

Staking for Wisdom Nodes to signal confidence level of their answers 

When each Wisdom Node provides an answer to the question, they will stake a certain amount of LITH tokens to signal their confidence. This together with their reputation within the sector of answers increase their influence and also potential reward of the bounty plus other incorrect stakers. 

Reward for Wisdom Nodes for correct answers 

Once the answers are known, the bounties of LITH and the Wisdom Node stakes are pooled and distributed according to how close their answers came to the ground truth. 
Funding rounds and IDO
IDO
Past
17.06.2021 - 24.06.2021
Raised
$63K
Price:
$0.004158
Tokens For Sale:
15,555,554
Platform:
convergence-fin...
Lock-up:
IEO
Past
05.08.2021 - 05.08.2021
Raised
$300K
Price:
$0.006
Tokens For Sale:
50,000,000
Platform:
kucoin-spotligh...
Lock-up:
Strategic 2
Past
Raised
$3.4M
Price:
$0.0045
Tokens For Sale:
750,000,000
Platform:
N/A
Lock-up:
20% upon listin...
Strategic
Past
Raised
$2.8M
Price:
$0.004
Tokens For Sale:
700,000,000
Platform:
N/A
Lock-up:
20% upon listin...
Seed
Past
Raised
$1.4M
Price:
$0.003
Tokens For Sale:
450,000,000
Platform:
N/A
Lock-up:
0% upon listing...
IDO
Past
05.08.2021 - 05.08.2021
Raised
$200K
Price:
$0.006
Tokens For Sale:
33,333,333
Platform:
polkastarter
Lock-up:
IDO
Past
24.06.2021 - 24.06.2021
Raised
$100K
Price:
$0.0045
Tokens For Sale:
22,222,222
Platform:
N/A
Lock-up:
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