Lagrange Foundation will launch the LA token, and airdrop query will open tomorrow

According to Foresight News, the Lagrange Foundation announced the launch of the LA token. The LA token will primarily be used for customers to pay proof generation fees on Lagrange, and it will also allow token holders to stake and delegate while subsidizing prover costs. The total supply of LA tokens is 1,000,000,000, with an annual issuance rate of 4%. The token distribution includes 34.8% allocated to the community and other participation plans, 25.4% to early contributors, 18.5% to investors, 11.3% to the foundation, and 10% for initial airdrop. Tokens allocated to early contributors and investors will be locked for one year after the Token Generation Event (TGE), after which they will be linearly unlocked over two years. The allocation of LA tokens to the community and ecosystem will be open for TGE registration from May 28, 2025, continuing until June 2, 2025, during which users can check their eligibility for the LA airdrop.