BiKi is Listing LGCY, a fork of TRON, as the main exchange

BiKi LGCY PR

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We are proud to announce our strategic partnership between BiKi Exchange & LGCY Network starting with the listing of both the $LGCY and USDL Stablecoin tokens.

LGCY Network is a DPoS, open-source blockchain protocol with industry-leading transaction speed and flexible utility with only $0.01 cost per transaction.

LGCY Network began as a fork of TRON blockchain, differentiated by a unique & innovative governance model striving to be the most decentralized blockchain in existence, allowing the community which runs on the network to be in control.

LGCYs DPoS system offers an innovative mechanism resulting in 10,000 TPS compared to Bitcoin’s 3 TPS and Ethereum’s 15 TPS.  The roadmap features a 33% burn of token supply in Year 3 as a symbol of the team handing over the project to the community and supporting our investors.

LGCY fund raise was entirely community led, raising over $1.6m in private sale of the LGCY token entirely via community engagement, and now enjoys a passionate community of advocates.

LGCY Network has received significant attention on Social Media being featured on many major channels including an article on Wolf of All Streets (131,000 Twitter followers) and an introduction article by Turing Research Network (3,250 Twitter Followers).

Most importantly, LGCY Network remains well ahead of its Whitepaper roadmap and are expecting to deliver the project significantly ahead of schedule with an updated roadmap soon to be released.

LGCY will also address the governance issues which plague Tron. It was designed with an innovative governance model and voting system called the Libertas protocol which ensures that the direction of the network is truly managed by the community, for the benefit of the community.

The LGCY team recognise that the heartbeat of any blockchain network and often developers require both financial, as well as strategic support to realize their project ambition.  LGCY will provide support via an allocation of 6.6 billion tokens provide financial and strategic support to projects that will build on LGCY.

The revolutionary stable coin USDL is the only stable coin that will be fully backed by the blockchain.   USDL is pegged to the US Dollar and backed by the number of transactions $1 costs providing scalability over time; backed by the blockchain.

LGCY Network stakers will receive their payout for staking LGCY in USDL. This is done for a number of reasons. This is far better for the investors in LGCY as the network is removing inflation that usually exists in a classic DPoS staking system.

“LGCY Network is proud to announce our strategic partnership with BiKi Exchange including the listing of both the $LGCY and USDL tokens. Not only does BiKi serve nearly 100 countries and 3 million registered users worldwide, but is also leading implementation of cutting edge exchange technology including an innovative automated grid trading strategy”.   

Justin Wai’au  – LGCY Nework Founder & Project Lead

The strategic partnership with BiKi will not only expand liquidity for $LGCY & USDL tokens, helping to support its investor community but it also represents a step towards adoption of the project.  

At BiKi Exchange and LGCY Network, there is a strong partnership to expand the trading pairs for USDL, and also collaborating on mutually beneficial strategic opportunities.

LGCY.network has 3 primary focus areas:

  • Firstly, the development team are working hard to bring the testnet to life.   It is well ahead of schedule and anticipate that the testnet and early project partners will be in place for early Q1 2021.
  • Secondly, the team is driving adoption of both LGCY and USDL via collaboration and partnerships that will significantly extend the utility of the project into new domains. 
  • Finally, the team are in discussions with key projects currently residing on the Tron Network, and once the Test Net is live, it will commence migration and unlock the developer fund to reward early adopters of the project.

The LGCY Network team are from hugely diverse backgrounds working together from far reaching corners of the globe from Hawaii to San Francisco, Amsterdam, Bangkok, Bangalore, Karachi and Delhi.   

The team works across every time zone making LGCY Network a true 24/7 project!

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