Lattice Exchange, an automated market maker in the DeFi market, has launched a new product designed to allow cryptocurrency entrepreneurs to list their tokens and allow users to participate in early projects more seamlessly.
This new platform, called Lattice Launchpad, is described as “a one-stop shop for blockchain entrepreneurs”, allowing their projects to be recognized by the community. Users can participate in private sales by staking LTX’s native cryptocurrency LTX. LTX holders also have the opportunity to participate in the governance of newly listed projects. All projects are funded through Ether (Ethereum) Or stablecoin tether (USDT) And U.S. dollar coins (USDC).
Lattice Exchange also announced that it will soon migrate to Constellation’s Hypergraph Network, which is said to provide lower costs and higher scalability potential. The company stated that token projects built on other networks can still participate in Launchpad.
DeFi protocols are some of them The most funded project In the cryptocurrency industry, part of the reason is their explosive growth potential. Some leading DeFi projects have brought considerable returns to their early investors, and market participants have been looking for the next undiscovered crypto game. Platforms like Lattice Launchpad can provide retail investors with more ways to discover projects.
Currently, CoinMarketCap tracks more than 11,200 cryptocurrencies. According to the latest industry data, the total market value of the DeFi category is $113.7 billion.