What is a lis token?

The $LIS token is currently a futures contract which will be replaced by a 1:1 cryptocurrency asset once our network is live. $LIS won’t be traded or listed anywhere until the full migration to the native network. With the current release, we’re stopping support of $SOUL tokens in Merge Cats and Crypto Dragons games.

What does a coin mean?

A coin is a small piece of metal used as money. ...a few loose coins. If you coin a word or a phrase, you are the first person to say it. He coined the term 'virtual reality' and pioneered its early development. Read about the team of authors behind Collins Dictionaries.

How many Litecoins are there?

Litecoin was released with 150 pre-mined coins and has a total supply of 84 million coins. The cryptocurrency’s blockchain generates a new block every 2.5 minutes. The Litecoin supply is designed to reduce over time to preserve the coin's value. As of June 2023, there are just under 11 million Litecoins left to mine.

Why do Litecoin coins halve?

Halving reduces the number of Litecoins awarded by one-half, which helps to slow down the creation of new coins. Litecoin uses a hashing algorithm called Scrypt (pronounced es-crypt). Scrypt is more memory-intensive and slower than SHA-256.