LiquidLayerPrice

(LILA)

LiquidLayer is a Proof-of-Work (PoW) Layer 1 blockchain designed to address the blockchain trilemma by providing a balance of security, scalability, and decentralization. It features an Ethereum Virtual Machine (EVM) compatible environment, which allows developers to easily build and deploy decentralized applications. While it is a standalone Layer 1, its unique integration with Ethereum’s ecosystem often leads it to be characterized as an extension for Ethereum DeFi, combining the robust security of PoW with high-speed transaction capabilities.

The LSD Bridge is the standout feature of the LiquidLayer ecosystem. When users bridge assets such as ETH or stablecoins to the network, approximately 90% of those assets are transferred to established yield-generating protocols on the Ethereum mainnet. The yields generated from these external protocols are converted into USDC and distributed back to participants. This creates a sustainable link between LiquidLayer and Ethereum's DeFi liquidity, allowing users to benefit from established yield sources while operating on a high-performance PoW chain.

LILA holders who participate in the ecosystem can earn a portion of the revenue generated by the LSD Bridge. Unlike many projects that reward users in native tokens, LiquidLayer distributes these rewards in USDC. These payments are sent directly to the user’s Ethereum wallet, providing a transparent source of passive income derived from the actual utility and yield-generating activities of the bridge rather than simple token inflation.

The LILA token is the central utility asset of the LiquidLayer network. It is used primarily for paying transaction (gas) fees on the blockchain and facilitates the platform’s revenue-sharing and staking reward programs. Additionally, LILA serves as a governance token, allowing holders to vote on DAO proposals that influence the project's direction. It can also be utilized as collateral within decentralized finance (DeFi) applications built natively on the LiquidLayer chain.

A Community Take Over (CTO) means that the original development team transitioned the project to a Decentralized Autonomous Organization (DAO) model. Consequently, the project is now managed and led by the community and LILA holders rather than a centralized founding entity. This ensures that the project's development, marketing, and future roadmap are governed transparently by its users. The project remains active, with the community overseeing the maintenance of the network and the security of its audited smart contracts.

LILA tokens can be acquired on leading cryptocurrency exchanges, such as LBank. For those interested in the Proof-of-Work aspect, LILA can be mined using hardware that meets specific performance standards, typically requiring a GPU with at least 8GB of VRAM, 64GB of RAM, and a high-speed SSD. Users can also move assets like ETH, USDC, and USDT from Ethereum to the LiquidLayer network using the official bridge to participate in the ecosystem's yield-sharing features.