Lithosphere (LITHO) Price, Charts & Market Data

The LITHO token is used for multiple purposes within the Lithosphere network. It serves as a medium for storage and transfer of value. Both cross-chain and intra-chain transactions consume a certain amount of LITHO. It's also used in security deposits for cross-chain verification nodes. While LITHO is the currency of choice, other cryptocurrencies can be used as well due to the network's support for interoperability​.

Users in the ecosystem will be able to receive and send tokens from any and all blockchains that support Byzantine Fault-Tolerant (BFT) consensus through dApps on Lithosphere. In decentralized finance (DeFi), a Deep Neural Network might help detect abnormal token price movements, which could be part of a flash-loan attack. A decentralized autonomous organization (DAO) might trade tokens automatically with a DNN trained continually through reinforcement learning. A content creator might apply a generative adversarial network (GAN) to generate visual art images, and subsequently tokenize them as non-fungible tokens (NFTs) tradable on Ego DEX​.