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LILA

LiquidLayer is a highly scalable PoW blockchain with integrated Liquid-Staking-Derivative Bridge.

LILA is the native utility token that is used for:

*Gas Fees: Much like its counterparts in other networks, LILA is used to pay transaction fees on the LiquidLayer blockchain. Whether it's a simple transfer, smart contract execution, or dApp interaction, LILA is the medium of payment.

*Staking Rewards: One of the most enticing aspects of LILA is its role in the LSD bridge. Stakers of $LILA earn a portion of the yield rewards, making it not just a transactional tool but also an investment avenue.

*Governance: In the spirit of decentralization, LILA token holders might get a say in the future developments and decision-making processes of the LiquidLayer network. Token-based governance ensures that the community's voice is heard and that the network evolves in line with its users' best interests.

*Collateral in DeFi: Given the LiquidLayer's emphasis on DeFi, LILA can potentially be used as collateral in various decentralized finance applications on the platform, unlocking a plethora of financial services for its holders.

*dApp Interaction: dApps built on LiquidLayer might require LILA for various functionalities, be it accessing premium features, in-app purchases, or other forms of engagement.