VIP only

  • Litentry is a decentralized identity aggregation protocol across multiple networks, featuring a Decentralized Identity (DID) indexing mechanism and a Substrate-based credit computation network.
  • The objective of Litentry is to enable DID aggregation, verification, and credit calculation.
  • LIT is the native utility token of Litentry with the following use cases:
    • Payment: fees are paid in LIT each time a user requests a real-time credit computation via the network.
    • Reward: third-parties that set up indexed identity databases will receive rewards in LIT.
    • Staking: stake a certain amount of LIT to become an identity registrar.
    • Collateral: used as collateral for DeFi lending & borrowing services.