What is Lithium (LITH)

1. Project Introduction
Lithium Finance is the first decentralized protocol leveraging artificial intelligence and collective intelligence. Fundamentally, Lithium Finance applies machine learning algorithms to assess historical market data and identify potential data discrepancies. When additional human insight is required, Lithium Finance relies on its expert community to provide valuable opinions.
Summary: Lithium’s core mission is to transform investment management by integrating advanced technologies such as AI and collective intelligence. This approach aims to improve the accuracy and accessibility of pricing for traditionally hard-to-value assets. The DeFi protocol behind Lithium Finance is designed to create a platform that uses collective intelligence to assess unpriced assets, unlocking new opportunities for investors and improving the efficiency of investment management.
2. Team & Investment Info
Lithium DAO is a community-driven organization operating autonomously through smart contracts on the blockchain. DAO members have voting rights on proposals related to the development and direction of the Lithium Finance platform.
Funding:
Seed Round (June 2021): $5M, led by Pantera, Hashed Fund, with participation from GBV, OKX, NGC, etc.
Extended Seed Round (July 2021): Raised an additional $2.6M, led by the same investors, with new participants including Shima, FBG, etc.
IDO & IEO: Raised $762K on Convergence Finance, Polkastarter, and KuCoin
3. Social Media URLs
X: https://x.com/lithiumfinance
Telegram: https://t.me/lithiumfinanceofficial
Discord: https://discord.com/invite/lithiumfinanceofficial
4. Token Info
Token Symbol: LITH
Total Supply: 10,000,000,000
Token Type: ERC
Issuance/Burn Mechanism: Fixed supply
Contract Address: 0x188e817b02e635d482ae4d81e25dda98a97c4a42
Token Distribution:
Ecosystem: 15% (TGE unlock 2%, no lockup, 5-year linear release)
Team: 10% (TGE unlock 0%, 6-month lockup, 2-year linear release)
Community: 10% (TGE unlock 5%, no lockup, 5-year linear release)
Liquidity: 10% (TGE unlock 5%, no lockup, 5-year linear release)
Strategic Round 2: 7.5% (TGE unlock 20%, no lockup, 1-year linear release)
Strategic Round 1: 7% (TGE unlock 20%, no lockup, 1-year linear release)
Seed Round: 4.5% (TGE unlock 0%, no lockup, 1-year linear release)
Staking Rewards: 30%
5. Related Links
Official Website: https://lith.finance/
White Paper: https://docs.lith.finance/
Other Info: https://medium.com/lithiumfinance