On July 9, 2023, cryptocurrency exchange Binance announced the release of Lagrange (LA) for trading. This project has become the 26th under the HODLer Airdrops program.
Overview of Lagrange (LA)
Lagrange is a platform created to bring trust and safety to the AI-powered world. It utilizes DeepProve to verify AI inferences through ZK proofs. The project consists of two main components: the ZK Prover network and ZK coprocessor, enabling DeFi protocols to verifiably compute over historical on-chain storage and transaction states.
Listing Details on Binance
Binance stated it will launch LA on July 9 at 16:00 (UTC), opening trading against USDC, USDT, FDUSD, BNB, and TRY. As LA will launch with the Seed Tag applied, a high level of volatility is expected, and users are advised to exercise caution in their investment decisions.
Information on HODLer Airdrops
According to the official announcement, users who subscribed their BNB holdings to Simple Earn from June 22 to June 25 will receive the airdrop. A total of 1 billion LA tokens will be issued, with 15 million allocated for the HODLer Airdrops program. The expected circulating supply of LA will be 193 million tokens, or 19.3% of the total.
The announcement of Lagrange's listing on Binance generates interest in the project, which aims to implement advanced technologies in the DeFi space. Investors should closely monitor price fluctuations and the asset's characteristics.
