LTO tokenomics

[Anonymous No.27366873]

Let's discuss LTOs tokenomics. Is it actually a sleeping giant or is it doomed to fail?

LTO can be leased to nodes to secure the network, since it uses LPoS consensus, and the nodes get to vote on proposals on network changes. Currently, 129 million out of 273 million circulating is being staked.

Aside from security and governance, it's also a utility token. Each transaction burns 0.1 LTO and pays 0.25 LTO to stakers.

At a tx/day of over 100k, which is the current average, that's a staking return of ~7% APY, and a burn rate of ~1.5% annually. None of the staking return is inflationary or coming from a pre-allocated pool, it comes entirely from the clients transactions.

So obviously the success of this coin relies on the success of the network. It has been growing at a substantial rate, transactions are up 7x from a year ago (https://www.ltonod.es/network)) and it's currently a top 10 most used networks (https://coinstats.network)

Right now, there are big clients currently using the network to "anchor" their private B2B workflow, meaning a hash of the final state is secured trustlessly on the public network as proof of document validity.

With the recent acquisition of VIDT, who just announced more clients, and partnership with UN, who is recruiting nations to anchor their Land Registry into the network, many more transactions are expected to onboard soon.

So to me, I think the tokenomics are incredibly unique and successful. If clients keep onboarding, there's no way this price isn't going to exploded eventually, as more of the supply moves from clients to stakers.

Thoughts?

[Anonymous No.27367348]

You said it, if they can keep growing adoption this should do very well, the token economics make sense

[Anonymous No.27368282]

It went up by 100k in one year.
I think it will increase exponentially as LTO becomes more established and more clients want to join in.
>tokenomics are incredibly unique and successful.
Agree

I don't see how it's doomed to fail, it is reliant on the team, but they're doing great so far.
Interested to see how big the decentralized ID and kyc for business defi thing will be. They say there is demand for it.

[Anonymous No.27368836]

>>27368282
My only concern right now is the fact that it doesn't bring anything to the table for crypto users, like we see with DeFi.

Once the average crypto Joe can use LTO Network to participate in the cryptosphere, I think it will really take off.

So yeah, the DIDs and SSIs are essential in that regard. Are there any competitors in that use-case?

[Anonymous No.27368848]

Also binance LTO wallet is down at 52.5 now,
accumulation is still happening and no one is selling.
Pretty comfy

[Anonymous No.27369064]

haters are gonna hate.. i'm all in VIDT-DATALINK... got in at 6c and currently sitting comfy with a 50K stack.. VIDT is going to outperform LTO.. mark my words.

[Anonymous No.27369398]

Smells like curry in here

[Anonymous No.27369459]

>>27369064
What makes you think that? Doesn't VIDT success mean just as much success for LTO?

[Anonymous No.27369493]

MOONING HARD

[Anonymous No.27369688]

>>27369398
curry niggers are already banned
LTO is a dutch project

[Anonymous No.27369825]

>>27368836
>Once the average crypto Joe can use LTO Network to participate in the cryptosphere
LTO uses a different kind of smart contract, a live contract.
This allows for business users like an IT admin or a secretary to directly deliver input to the blockchain.
It's quite unique and perfectly suited for real life use.
>blockchain made easy for HR stacies and business boomers
But it's still aimed at corpo world and gov bodies.
The holders just benefit from staking and leasing rewards, they don't use the LTO services.

The decentralized ID is for enterprise defi associations as far as I understand, perhaps more use cases than that.
Competitors for that are apparently ONT(468 mil mcap) and sovrin (not released yet).

[Anonymous No.27369920]

>>27366873
ayyyy nigga thought you was talkin bout some tokinomics

[Anonymous No.27370241]

>>27369825
I THINK that SSIs will allow users to issue their own certificates, but that is still a bit over my head right now.

Does ONT have a Chainlink integration, like LTO is planning?

[Anonymous No.27370251]

>>27369398
Hi Rankesh, stop being annoying by posting this in every LTO thread

[Anonymous No.27370289]

>>27369064
>>27369459
>Doesn't VIDT success mean just as much success for LTO?
Currently VIDTs transactions are bundled on LTO network, it should switch to 1 VIDT tx = 1 tx on LTO network.
source team member on tg
I don't know how investors are supposed to be advised which one to buy.
They share clients and success and from 2022 joint roadmap.
I'm more comfy in LTO as they are the acquirers, bigger

[Anonymous No.27371151]

Just noticed we are pumping slightly
Don't think it's a big one yet tho

[Anonymous No.27371214]

>>27366873
Up 10% since this post. Looks like the tokenomics potential is getting recognized

[Anonymous No.27371216]

OOOOOOOOOOOOO

[Anonymous No.27371353]

>>27369688
SS CHECKED

[Anonymous No.27371482]

Its a great project. I see the market cap being 5-10 billion in about 5 years. It's not going to be quick, but it'll be the best project in the future because it makes blockchain technology usable for all corporations and governments.
I currently have 180k of it

[Anonymous No.27371776]

Looks like a whale bought some LTO.
I don't think this will be THE pump yet,
but we did bottom out at 20 cents I see it going only up from here

[Anonymous No.27372450]

This is a project I have 65% of my portfolio in, and I would like it to just steadily gain over time, so I can keep DCA'ing and later on invest also from the gains of the rest of my portfolio

[Anonymous No.27373548]

>>27371353
Heil Hitler

[Anonymous No.27374107]

Yeah, I initially held a small amount as a moonshot. But the more I heard about the future clients and the more I saw consistent growth, I kept accumulating and it grew to 75% of my portfolio.

Easily the comfiest hold I have, too. Bear market or not, clients will be transaction and we will can just passively increase our stacks.
100k tx/7% APY is the floor, no doubt to me that it will be double that some point this year

[Anonymous No.27374347]

what's the payout on biz's xeno node, I lease to black turtle node right now

[Anonymous No.27374492]

>>27374347
99%

[Anonymous No.27374911]

>>27374107
it's comfy because anything below .30 is a bargain, it will be the absolute bottom not too long from now, nothing could go wrong

[Anonymous No.27375279]

>>27374347
biz node literally rocketed from 0 LTO staked last week, to 8 MILLION LTO now

wagmi.

[Anonymous No.27375975]

>>27375279
Are there any other coins where can actually see the amount held by biz?
Is LTO /ourcoin/?

[Anonymous No.27376486]

>>27375975
hard to judge honestly how much is from /biz/ - we can get all the wallet addresses from the tg group and figure it out that way.

LTO is /ourcoin/ and xeno is /ournode/

[Anonymous No.27376882]

>>27376486
I don't feel like KYC-ing my stack tho
The new leasers are some big whales, can't tell from where

[Anonymous No.27377423]

>>27376882
True, Xeno has the best payout right now, so could just be attracting normies too

[Anonymous No.27378120]

Happy at least some anons got in on LTO
It's a long term hold, but it will be worth it.
All the oldfags that made it with btc, link, eth, held like crazy

[Anonymous No.27378133]

finally some good LTO talk

[Anonymous No.27379110]

Comfy.

[Anonymous No.27379260]

What do you stake on it, is it only LTO or can you provide other assets as well?

[Anonymous No.27379897]

>>27379260
Just LTO.

[Anonymous No.27380128]

Comfy minimum 5x this year, yawn.

[Anonymous No.27381289]

>>27380128
Very comfy 5x. Cant wait

[Anonymous No.27382735]

Best pumpamentals

[Anonymous No.27383189]

All I got to do is sit on my ass, buy and lease LTO
Let clients:
>Buy LTO for the services
>Transact LTO, fees from clients fund entire rewards at around 6-7%
>Burn the supply slowly, 0.1 token burn every tx
Best pumpamentals, going to hold and hopefully never have to sell

[Anonymous No.27383761]

>>27383189
Literally being paid by all of these clients just for staking. How can you not like it?

[Anonymous No.27384195]

>>27383189
>>27383761
Based.

[Anonymous No.27385622]

im shaking and crying I cant believe how comfy this is

[Anonymous No.27386284]

FUCKING MOOOOOOOVEEEEEEEE