What is Lit Coin (Lith Coin)

Lit Coin is a decentralized social media platform that aims to establish a new user base by connecting existing internet services with users. The Lit project is designed to allow content creators and their fans to directly access the content they desire most from the website and bring it into the network.Lit Token (LT) is an open-source blockchain ecosystem created by the privacy wallet Lit, which is supported by cryptocurrency enthusiasts. This platform enables developers to securely publish their works and services while using open protocols to promote the growth and development of the Web3.0 ecosystem.Lith Coin (Lithio) is a synthetic asset issuance platform based on Ethereum, which has already been deployed on the Ethereum mainnet and is running on the testnet. According to reports, LITH is a new type of cryptocurrency that rewards participants and promotes the growth and development of the ecosystem through the use of stablecoins and token incentives. It allows investors to obtain tokens or invest their funds into the protocol, thus increasing the use of decentralized applications on the network. (Cointelegraph)It is reported that “lith” was developed and launched in collaboration with LidoFinance and ConsenSys in August 2017.