A few days ago, a member of the community had 112 BNB stolen, worth about 1 million RMB. I looked at the analysis by Cosine, and it is highly likely that it was caused by the leakage of the private key or mnemonic phrase, making the hope of recovery very slim. For us friends in the airdrop space, the security of private keys is the most important thing. First, protect your principal, and then you will have the opportunity to earn big profits.
I find the Lit Protocol TGE very interesting these days. It is specifically designed as a security layer for Web3 + AI, which is a fantastic product for us airdrop participants. @LitProtocol
✅TGE is also quite novel. The TGE of Lit Protocol is also quite interesting. Just like Limitless from a couple of days ago, it is directly on the head DEX aerodrome of Base for the TGE, and the behaviors of the CEOs of both projects are also highly similar. Before the TGE, the CEO of Limitless fiercely criticized the high listing fees of exchanges, and then suddenly at the TGE, without any hesitation, just participated and gave. The CEO of Lit测 stated during the AMA that not being on CEX allows for more airdrops to be distributed to the community, emphasizing the importance of the community.
Both of these projects are good projects in the Base ecosystem, and I think this is very likely a direction for the future TGE of the Base ecosystem.
✅Regarding the token LITKEY, it mainly has the following uses. 1. Node operator staking 2. The service fees that developers need to pay to use the Lit product. 3. Community Governance Token 4. Mainnet handling of signature/computation requests
✅Lit Protocol has several core products: Programmable Key Pair: PKP (Programmable Key Pair), a cryptographic wallet that does not require users to manage the complete private key themselves. The keys are split and distributed among Lit nodes around the world, and no single node can possess the complete private key, significantly enhancing security; developers can easily incorporate secure key management into anything through executable on-chain scripts called Lit Actions, enabling them to seamlessly add secure key management functions to anything. Developer Platform Vincent: The developer platform Vincent, based on Lit, allows users to configure conversational goals and permissions, creating autonomous AI Agents. These Agents can automatically trade real assets in DeFi protocols like Aave and Uniswap, relying on Lit's threshold cryptography for secure delegation, allowing users to confidently entrust operations to AI agents or third parties.
✅Application Status Lit Protocol has protected over $420 million in digital assets across networks such as Bitcoin, Ethereum, Base, Solana, and Avalanche. Manage over 1.6 million decentralized wallets and signers; Processed over 34 million signatures and encryption requests since launch; Supports over 10,000 daily active users, facilitating tens of millions of cryptographic operations each month; Leading projects such as Gitcoin, Lens, and Humanity Protocol are also using the underlying technology of Lit Protocol.
Lit Protocol has a total financing of 15 million dollars, with a total token supply of 1 billion. The current token price is around 1.5u, and the FDV is 150 million dollars, which is not very high, so it can be a good time to accumulate some.
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What is the most important in the crypto world?
Safety!!!
A few days ago, a member of the community had 112 BNB stolen, worth about 1 million RMB. I looked at the analysis by Cosine, and it is highly likely that it was caused by the leakage of the private key or mnemonic phrase, making the hope of recovery very slim.
For us friends in the airdrop space, the security of private keys is the most important thing. First, protect your principal, and then you will have the opportunity to earn big profits.
I find the Lit Protocol TGE very interesting these days. It is specifically designed as a security layer for Web3 + AI, which is a fantastic product for us airdrop participants. @LitProtocol
✅TGE is also quite novel.
The TGE of Lit Protocol is also quite interesting. Just like Limitless from a couple of days ago, it is directly on the head DEX aerodrome of Base for the TGE, and the behaviors of the CEOs of both projects are also highly similar.
Before the TGE, the CEO of Limitless fiercely criticized the high listing fees of exchanges, and then suddenly at the TGE, without any hesitation, just participated and gave.
The CEO of Lit测 stated during the AMA that not being on CEX allows for more airdrops to be distributed to the community, emphasizing the importance of the community.
Both of these projects are good projects in the Base ecosystem, and I think this is very likely a direction for the future TGE of the Base ecosystem.
✅Regarding the token LITKEY, it mainly has the following uses.
1. Node operator staking
2. The service fees that developers need to pay to use the Lit product.
3. Community Governance Token
4. Mainnet handling of signature/computation requests
✅Lit Protocol has several core products:
Programmable Key Pair: PKP (Programmable Key Pair), a cryptographic wallet that does not require users to manage the complete private key themselves. The keys are split and distributed among Lit nodes around the world, and no single node can possess the complete private key, significantly enhancing security; developers can easily incorporate secure key management into anything through executable on-chain scripts called Lit Actions, enabling them to seamlessly add secure key management functions to anything.
Developer Platform Vincent: The developer platform Vincent, based on Lit, allows users to configure conversational goals and permissions, creating autonomous AI Agents. These Agents can automatically trade real assets in DeFi protocols like Aave and Uniswap, relying on Lit's threshold cryptography for secure delegation, allowing users to confidently entrust operations to AI agents or third parties.
✅Application Status
Lit Protocol has protected over $420 million in digital assets across networks such as Bitcoin, Ethereum, Base, Solana, and Avalanche.
Manage over 1.6 million decentralized wallets and signers;
Processed over 34 million signatures and encryption requests since launch;
Supports over 10,000 daily active users, facilitating tens of millions of cryptographic operations each month;
Leading projects such as Gitcoin, Lens, and Humanity Protocol are also using the underlying technology of Lit Protocol.
Lit Protocol has a total financing of 15 million dollars, with a total token supply of 1 billion. The current token price is around 1.5u, and the FDV is 150 million dollars, which is not very high, so it can be a good time to accumulate some.