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LAVE

LAVE is an altcoin on the TON network.

The DeFi community needs an example of a decentralized and distributed cryptocurrency with a low-cost measure of value. In this way, we will speed up people's learning to use DeFi. Someone would have ideally suited the TON token for this.

As a result, I distributed LAVE cryptocurrency across the TON network, so that at least 15,000 active TON addresses will be distributed in the final 73.4%. This will require spending at least 900 TON-coin. The remaining 26.6% will develop the LAVE token. As a result, the community will have a decentralized, distributed cryptocurrency. The maximum distributed token will not have the risks that FTT had, for example.

We eliminate the dangers of strong manipulation. LAVE is needed as an example of a distributed currency and as proof of the thesis.

Observing other tokens, I found that very few people use DEX. After giving LAVE away a huge audience of the most active TON users, we will bring many users to DEX. With the coins available, they will quickly learn how to use and apply them in various areas of DEFI at the very beginning of its development path. By distributing LAVE tokens to the masses, we will bring them to DEFI faster. Tokenomics of the LAVE project

Initial issue: 5 000 000 000 LAVE

Final issue: 4 600 000 000 LAVE

The first stage of distribution. 2 100 000 000 LAVE (42% of the initial issue) will be distributed among 6000–7000 wallets of 300k coins each. And also involving a special bot in this. Completed 2 January 2023.

The second stage of distribution. 1 050 000 000 LAVE (21% of the initial issue) will be distributed among 6000–7000 wallets with 150k coins each. Completed 11 January 2023.

The third stage of distribution. 225 000 000 LAVE (4.5% of the initial issue) will be distributed among 3000 wallets of 75k coins. Completed 15 January 2023.

Burned. 400 000 000 LAVE (8% of the initial issue) were burned on 15 January 2023 via minter.ton.org. After incineration, 4 600 000 000 LAVE remained in the emission.

A total of 73.4% of LAVE tokens from the final issue were distributed.

1 225 000 000 LAVE (26.6% of the final issue) will be used by lavefoundation to add liquidity to exchanges, additional AirDrop, advertising and marketing costs, building the ecosystem and application of the LAVE token, programming fees, rental and purchase of server capacity and other incidental costs.

Since 73.5% of the tokens will be distributed to active wallets, every user can take part in the project's development. I do not have big investors, huge millions, but I am fired up with the desire to bring this humanistic idea to this world and do so with enthusiasm. You, too, can contribute to and take part in this project. The very least you can do is tell your friends about this project, share it on social networks, or subscribe to our groups on Telegram: @lavetoken, @lavechats, @laveeng, @laveesp, @lavechina, @laveper, @lavefoundation, https://twitter.com/lave_token.