
Lithium Finance LITHPrice $ 0.0000827
Rank: 1792
LITH Price
General Info
Contracts/Explorers:
Ethereum
Funds and Backers
Lithium Finance (LITH) Chart
LITH to USD Converter

IDO
5 Aug 2021 — 5 Aug 2021
Raised
$ 200.00K
Price:
$ 0.006
ROI:
0.01x -98.6%
Platform:
N/A
ATH ROI:
9.06x +806.2%










What is Lithium Finance (LITH)?
Native Token: LITH
Lithium Finance will issue a utility token to be used as a reward mechanism and as a staking token for questions and answers.
During the process of posing a question and answering, each individual will stake a certain amount as either bounty (when asking a question) or confidence (when answering). This combination of staking creates stronger signals towards the best information.
Usage of Tokens
Bounty Offer from Wisdom Queriers to incentivise Wisdom Node answers
- The more valuable information is to someone, the more they are willing to pay for an answer. In aggregate with many people wanting access to the same information, the bounty can become substantial.
Staking for Wisdom Nodes to signal confidence level of their answers
- When each Wisdom Node provides an answer to the question, they will stake a certain amount of LITH tokens to signal their confidence. This together with their reputation within the sector of answers increase their influence and also potential reward of the bounty plus other incorrect stakers.
Reward for Wisdom Nodes for correct answers
- Once the answers are known, the bounties of LITH and the Wisdom Node stakes are pooled and distributed according to how close their answers came to the ground truth.
Lithium Finance Price Today
Lithium Finance's current price is $ 0.0000827, it has increased +18.4% over the past 24 hours.
Lithium Finance's All Time High (ATH) of $ 0.0544 was reached on 14 Aug 2021, and is currently -99.8% down.
The current circulating supply of Lithium Finance is 8.57 Billions tokens, and the maximum supply of Lithium Finance is 10.00 Billions.
Lithium Finance’s 24 hour trading volume is $ 418.14 Thousands.
Lithium Finance's current share of the entire cryptocurrency market is 0.00%, with a market capitalization of $ 708.73 Thousands.
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