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.

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Referendum #2 has passed!🎉

The inflation model proposal is now in effect. Inflation will start when staking in litentry parachain is fully deployed.

Details: https://litmus.subsquare.io/democracy/referendum/2

To enhance funds security, we will migrate the old wallets of ecosystem, team, and foundation to 3 new multi-sig wallets as follows:

1/ New ecosystem wallet:
0x9cdF4E1347328416daF17335CaF6A314201CC1Dd

(Old ecosystem wallet: 0x82698865f49881764bba42f2be6ee42f7300901e)

2/ New team wallet:
0x65E4a77536d47Bf42Db6817373939A63C00A0904

(Old team wallet:
0xa921e6a6e188ddf5c403e2e52181a8a00ee442c7)

3/ New foundation wallet:
0xD481E3499c8Ef073913513073C97d4d89bb9797e

(Old foundation wallet:
0xc74c93ada3350d57ba0e2715799ecd9433115806)

Referendum #2 has passed. The inflation model proposal is now in effect.