LBank Exchange Will List Tokamak Network (TOKAMAK) on December 16, 2022

Internet City, Dubai–(Newsfile Corp. – December 16, 2022) – LBank Exchange, a global digital asset trading platform, will list Tokamak Network (TOKAMAK) on December 16, 2022. For all users of LBank Exchange, the TOKAMAK/USDT trading pair will be officially available for trading at 13:00 UTC on December 16, 2022.

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As an on-demand Ethereum layer 2 platform, Tokamak Network (TOKAMAK) builds and connects layer 2 networks with multiple protocols integrated, including Optimistic Rollups, zk Rollups, Tokamak Plasma, and more. Its native token TOKAMAK will be listed on LBank Exchange at 13:00 UTC on December 16, 2022, to further expand its global reach and help it achieve its vision.

Introducing Tokamak Network

Tokamak Network is an on-demand Ethereum layer 2 platform for building and connecting layer 2 networks. The vision is to make at least half of Ethereum transactions be stored and processed within Tokamak Layer 2 Network.

Ethereum is a powerful platform for decentralized applications, but it has limitations such as low TPS, high transaction fee, no customization, etc. To provide solutions, Tokamak Network supports easy layer 2 network deployment, enabling users to build customizable layer 2 networks and achieve more growth with easy development. DApp developers can build their own layer2 with customization in terms of the amount of fee, the types of layer2, the types of fee including their own native token, stable coin, any other erc20. In addition, Tokamak Network develops the cross-layer2 message protocol for connecting each other layer2s without going through the base layer. The custom layer 2 network can be connected to any other layer 2 in the Integrated environment.

Protocols integrated by Tokamak Network include Optimistic Rollups, a layer 2 solution with on-chain data computed off-chain, with its validity verified with a fraud-proof system; zk Rollups, a layer-2 solution with on-chain data computed off-chain, with its validity always fully verified with validity proof (a.k.a. zero knowledge proof); and Tokamak Plasma, a fully EVM-compatible Plasma implementation secured with continuous-rebase.

There’s also Tokamak Network Swap that provides a way to swap one token with another token. In particular, it supports additional functionality to make the swap between Tokamak Network-related tokens easily. And TONStarter, a decentralized launchpad platform for Layer 2 projects, developed by Tokamak Network, where anyone can launch their blockchain project.

With all above features, Tokamak Network will close the gap between crypto economics and traditional economy by bridging peoples and decentralized applications, providing easy to use, easy to access decentralized application environment for whole universe, incorporate and integrate blockchain everywhere, applying it to various sectors in everyday life.

About TOKAMAK Token

TON (“TOKAMAK” on LBank due to the ticker duplication) is the native token of Tokamak Network. The network is governed by TON stakeholders. Decentralized governance allows network upgrades, ecosystem expansion, and protocol improvement to be coordinated and enacted autonomously.

In addition, to accelerate TON and TONStarter ecosystem growth, Tokamak Network introduced TOS, the native token in TONStarter ecosystem. TOS token holders can participate a launched project using their staked TON to acquire project tokens.

Staking TON provides a higher level of security for one’s layer 2 network. With cryptoeconomics for validators, Tokamak Network provides a higher level of security and sustainability than token-less solutions. Tokamak Network ensures that all layer 2 networks are fully verified from day one.

Based on ERC-20, the initial issue amount of TON is 50,000,000. The total supply amount details can be checked on its web page. It will be listed on LBank Exchange at 13:00 UTC on December 16, 2022, investors who are interested in the Tokamak Network investment can easily buy and sell TOKAMAK token on LBank Exchange by then.

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About LBank

LBank is one of the top crypto exchanges, established in 2015. It offers specialized financial derivatives, expert asset management services, and safe crypto trading to its users. The platform holds over 7 million users from more than 210 regions across the world. LBank is a cutting-edge growing platform that ensures the integrity of users’ funds and aims to contribute the global adoption of cryptocurrencies.

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Contact Details:
LBK Blockchain Co. Limited
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