Litentry (LIT) is a token of a decentralized protocol for the aggregation of identification data in several networks and consists of a mechanism for indexing decentralized data (DID) and a computer network for lending Substrat. The token in the network performs the functions of supporting the network, rewarding for the placement of identification data, for management.

Litentry news today, LIT crypto latest news of token ticker

Litentry

Hey there! Monique from Letain Tree here with the latest updates for this week. We've made significant progress on the EVM sign-in implementation and achieved several milestones for the Trusted Execution Environment. We've also launched new features in Identity Hub, including the ability for users to set their preferred substrate address in encoding format. In terms of community updates, we encourage Let's holders to participate in the voting process for adjusting the previous inflation model for identity staking. We've also encountered some instances of individuals using scripts or bots during the June quiz event, but we're actively working on measures to address this issue. Our team will be attending several events, including the Polkadot Prague conference and the Parachain Decoded in Denmark. We're grateful for your continued support and look forward to sharing more updates with you soon!

Litentry Bi-Weekly Update - 8th June 2023

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👀 Check out our bi-weekly update for this week by Monique covering some exciting news on EVM sign-in implementation, IdentityHub functionality progress and design updates, upcoming events, inflation model with Identity Staking and more! 😉👇

https://www.loom.com/share/f17f365bdf574218ad5603d213133fa5

Stay tuned for our next IdentityHub Release - Date to be announced soon 🙌

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