Litho is the native coin of Lithosphere. Both cross-and intra-chain transactions consume a certain amount of Litho. Litho is also used in security deposits for the cross-chain verification nodes. Litho / $LITHO is the currency of choice in the Lithosphere network although other crypto can be used as well since the Lithosphere blockchain supports interoperability.
Earn while holding Litho (LITHO)
Staking is the process of holding funds in a cryptocurrency wallet to support the operations of Lithosphere and, in return, holders are rewarded for their contribution.
Lithosphere is an all-in-one solution to solve scalability and interoperability issues that the blockchain industry has been trying to address. Litho (LITHO) is the only native currency of Lithosphere. Upon validating transactions, Validators receive rewards which are redistributed to their delegators according to the validator’s commission rate.
Staking
Stake LITHO to enhance Lithosphere network’s security while earning significant rewards.
Governance
Owning Litho grants the right to vote on proposals and make decisions on the future of the Lithosphere network.
Time-Lock
Lithosphere's unique Time-Lock feature enables you to extract time-value out of your digital assets.