LFi Chain is a state-of-the-art application of the decentralized tech. A LFi Chain is a specialized blockchain tailored for a specific use, ensuring it works efficiently.
- Foundations: The LFi Chain uses the consensus client and the unique consensus algorithm. This setup guarantees fast transaction validations while keeping the network's data safe and intact.
- Native Bridging: One standout feature is its inbuilt bridge to its rootchain. This bridge lets data and assets flow both ways, giving the LFi Chain the advantage of the rootchain's security and additional block space for scalability.
- Compatibility: The LFi Chain works seamlessly with the Ethereum Virtual Machine (EVM). This means Ethereum apps, smart contracts, and tools can operate on it without major changes. Developers can easily move and launch dApps on the LFi Chain and enjoy its superior performance.
- Governance: The chain also includes an on-chain governance mechanism. This allows the community to guide network upgrades and vital decisions. Thanks to a transparent voting system, changes and updates reflect what the majority of its users want.
- App-Specific Design: Customizable for unique needs, optimizing blockchain functionalities.
- Seamless Integration: Rootchain connection ensures superior interoperability.
- EVM Support: LFi Chain's synergy with EVM delivers better scalability and response times.
- Community Governance: A truly decentralized approach for network decisions.
- Robust Security: Leverages unique consensus model for top-notch security.
- Gas Fees: LFi fuels transactions, ensuring streamlined operations.
- Staking & Delegation: LFi bolsters network security, rewarding validators and delegators.
- On-Chain Governance: Token holders influence the ecosystem's direction through voting.
- Reward Mechanism: LFi will be instrumental in distributing rewards to active participants.
The cLFI is central to the Minting and Staking economy:
- Minting utility token: cLFi Minting token is part of minting process for for LFi and cLFI
- Collateral utility token: The project taps into the strength of the Minters community by integrating a unique model that offers a starting staking reward composed of 25% cLFI and 75% in their native token.