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Introduction
Understand our utility token, LKT.
Our decentralized vesting platform uses its own multi-chain token called LKT as currency. When a Locklet user wishes to use a service, he must pay the fees related to the use of this service in $LKT.
At transaction time, 45% of the total fee amount is burned, 45% is redistributed to the stakers and 10% is acquired by the Locklet foundation.

What is the utility of the LKT token?

    πŸ”’ Create or revoke a lock (vesting) and pay the associated fees in $LKT.
    πŸ“ˆ Stake your $LKT to earn part of the platform’s collected fees (more LKT without supply inflation).
    πŸ”₯ Hold a natively deflationary asset.
    🀚 Actively contribute to Locket's future through governance. For example, vote to decide platform next features such as new chain implementations.

What blockchains is the LKT token available on?

Our token is available on all blockchains where Locklet offers its services, namely:
Blockchain
Token Contract Address
Status
Ethereum
βœ… Deployed
Binance Smart Chain
βœ… Deployed
Huobi ECO Chain
N/A
βŒ› Coming soon
Tron
N/A
βŒ› Coming soon
NEO (N3)
N/A
βŒ› Coming soon

Where to buy LKT?

Please take a look at this dedicated section.

Locklet Foundation wallets

The foundation has several wallets, each dedicated to its own field:
Label
Address
Deployer
0xe1e970b2f9a27ee2b327434fe567d9d66bdcf5ed
Foundation
0x25bd291be258e90e7a0648ac5c690555aa9e8930
Team
0xee9158b9392d90c14de3292df545818a5787c2cd
DEX & CEX Liquidity
0x59c453f6e6f5c0fef54a04829dca991527348829
Liquidity Incentives
0x47219502fd3295db242cdf83e69bb798c610234e
Community Reward Pool
0x4a3a9f48dcbd4620e0c5e2241ca7cf8ec1172704
​
Last modified 10d ago