In essence, the craze of DeFi is because it makes finance simpler and the threshold is greatly lowered. As long as people have the Internet, they can use the tools provided by the DeFi platform to conduct financial management or direct investment around the world, and even create trading contracts and trade between different assets without a bank account. This is a huge challenge to traditional finance, and this game and challenge will be carried out for a long time.
On this basis, the DeFi project has developed many new racetracks, from the most basic DEX to lending platforms, aggregators and lever mining algorithms to stabilize coins and synthetic assets, which gradually diversified the functions of DeFi. In addition, the rich-making effect caused by the numerous head mines of DeFi project started from the Ethereum chain last year and the favorable half of BTC promote each other, which makes more people inside and outside the circle pay more attention to the field of DeFi and are more willing to try the new platform and products of DeFi.
LATT is also a product of DeFi. Eco-coin, a public-oriented synthetic asset agreement issued by the blockchain technical team of LAT Group in Singapore, will be issued globally in late August with a total circulation of 654.38 billion pieces. LATT will be used as the clearing currency in LAT ecosystem in the future.
It is reported that the full name of LAT is "LATmine blockchain value aggregation engine".
LATmine has a strong background and is a professional investment platform invested by Bualuang Ventures, a professional financial investment company under Pangu Bank, Thailand's largest bank. This platform is different from the traditional blockchain financial platform and will provide professional financial products in different fields, such as staking, mining and quantification. LATT eco-currency will be an advantageous project with great application value and future benefits. Some blockchain technical teams hope to bring an interesting, easy-to-operate and friendly product to the public, improve liquidity, and provide support for DeFi and NFT in this field. That's why we call it LATT, and we are committed to playing it.
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