Lagrange Labs announces the creation of an independent foundation and plans to launch its LA token, with a 10% airdrop targeting 'Turing Roulette' participants.
Lagrange Labs has revealed plans to establish an independent foundation and launch its ecological token, LA, with a total supply of 1 billion. A 10% airdrop is scheduled from May 28 to June 2, targeting users who participated in the 'Turing Roulette' game. LA will be used for zero-knowledge proof generation fees and staking, with an economic model linking proof demand to token demand. The Prover network, built on EigenLayer, has raised $17 million, including a $13.2 million seed round led by Founder Fund in May 2024.