What is LUCA?

LUCA is the native token of ATM, the peer-to-peer staking platform that allows users to stake tokens with one another. By locking their tokens in a connection, they build their network. ATM ranks each user in this network using Google's PageRank algorithm and determines their stake rewards from this. The reward token is LUCA. # What use is LUCA? LUCA is also the best currency to lock in a connection, as using it means that the connections will have a higher weight when rewards are calculated. Thus, LUCA is the primary token used in ATM's network, which has amassed around 3,500 users and is still growing substantially.

Similar to Pancakeswap's CAKE token, LUCA is used as a reward and also as a utility token for the ATM platform, and we expect to see continued growth of both the value of LUCA and the size of the ATM community building this new form of staking social network.

What is ATMRank?

The ATMRank algorithm gives a rough estimate as to the influence of a user over the network, in a similar way to how PageRank estimates which webpages are the most important and should be shown at the top of search results.

PageRank was developed by google and is how Google ranks webpages, and it does so by measuring factors such as the links between them. ATM implements this algorithm to our peer-to-peer staking network, alongside added parameters. This is used to calculate each users’ PR value, which then determines their daily rewards. # Who is the Founder of ATM? ATM was founded by Lottfi Zaouini, the current CEO of NeuronLabs but who also has recent and varied experience in crypto and development.

https://mauriziosantamicone.medium.com/atm-launches-the-luca-token-625d6a75dc98