LightLink⛓️Announcements
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The official announcements channel for @lightlinkLL

⛓️Web: lightlink.io
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Many new users will join the LightLink ecosystem in the next few weeks through drops to communities like Mocaverse + the upcoming Proof of Liquidity program, rewarding liquidity providers and active $LL holders.

Here's how to benefit from your $LL: https://x.com/LightLinkChain/status/1793277254161575996
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LightLink got featured on the Crypto Coin Show interview with Ashton Addison!

Our Co-Founder and CEO Roy Hui explained the benefits of LightLink’s gasless txs for enterprises, detailed the upcoming node NFTs sale, and discussed incentives for LightLink validators.

https://youtu.be/sU92H3Xwrwk?si=Mv8V0NN4xa2IzaNo
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Our ecosystem partner Carbon Browser will soon launch a Browse-to-Earn program with rewards issued on LightLink.

What's a Carbon Browser and what can it do? Here's our short guide: https://x.com/LightLinkChain/status/1793405395341578296
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"The ETH ETF stands out amid other crypto ETFs due to Ethereum’s expansive ecosystem, a robust economy, and leading market capitalization," − our Co-Founder and CEO Roy Hui in a comment to Murtuza Merchant from Benzinga Crypto.

https://www.benzinga.com/markets/cryptocurrency/24/05/38946755/exclusive-ethereum-etfs-could-drive-mass-adoption-what-investors-need-to-know-now
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The main things to know about Elektrik's $ELTK token:

100M $ELTK in total. LBP Participants and Airdrop-eligible users will get their tokens on day one.

ELTK utility:

- ELTK holders participate in governance
- veELTK holders share Elektrik DEX revenue

***

The $ELTK LBP on Fjord Foundry kicks off on May 26 at 12 PM UTC. Only 72 hours to join and acquire tokens.

Learn more: https://medium.com/@ElektrikNetwork/the-eltk-lbp-is-here-07991c24217c
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We are bringing additional value to $LL via ecosystem partnerships + more initiatives to boost demand!

- Proof of Liquidity program
- Node NFTs program
- DAO governance
- Enterprise Mode fee sharing

Here's how it will be: https://x.com/LightLinkChain/status/1793650626020462610
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Use your SPACE ID .ll domain instead of a long address!

Here's how to claim your .ll domain, step by step: https://x.com/LightLinkChain/status/1793692552019009895
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LightLink is both the heaviest and the most optimized user of Celestia's Testnet!

We pay 0.1 $TIA for storing 1 MB of data, while the next closest L2 pays 0.32 TIA per MB.

This makes us 69% more cost-effective than other L2s (nice)
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API3 has launched its Oracle Stack on LightLink!

- 170+ data feeds for the most popular assets
- QRNG for on-chain randomness
- OEV Network to recapture MEV (launching soon!)

Visit the API3 Market to start building: https://market.api3.org/lightlink
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LightLink's vision is to increase Web3 adoption among Web2 businesses.

With gasless txs, LightLink wraps Web3 concepts into a familiar Web2 experience and shifts complexities away from customers. It's our key to mass adoption.

Watch the full Milk Road podcast with Jay Hamilton and Roy Hui for more insights about LightLink and the L2 landscape: https://youtu.be/sUwHJPnHsnY
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Our 5 hour Movie Night marathon is on now on Discord!

Alpha: attend enough events, and you may earn a special new Discord role.

Hop into the Voice Chat channel (please use the Chat bubble to chat): https://discord.gg/aeXATr5U?event=1243843970333802606
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LightLink's Proof of Liquidity program soon to be launched!

This program will reward users who provide their $LL token and other assets to DeFi applications, helping to grow the entire ecosystem.

Active community contributors will be rewarded: https://x.com/LightLinkChain/status/1794479225799373116
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Our week in network stats:

- 83M+ blocks created
- 23.5M+ txs on Mainnet
- $0.000065 average tx fee for the last 1M txs

Join the gasless world.
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LightLink is now available on Ledger!

Add the network on Ledger Live and HODL $LL securely.
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Just a friendly reminder to join the LightLink Airdrop Phase 2 "Final Boss" Mission!

- $LL LBP participation
- Bridging $LL from Ethereum to LightLink
- Providing $LL to the LL/ETH pool on Elektrik

Claim your points on Galxe: https://app.galxe.com/quest/lightlink/GCoGZtzaFU
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Stake $LL to earn 100% APR on KuCoin!

- Subscription start: May 27 at 10 AM UTC
- Subscription end: June 1 at 4 PM UTC
- Min amount: 100 LL
- Max amount: 50,000 LL

Subscribers will earn 100% APR in $LL for 30 days, from June 1 to July 1.

Details: https://www.kucoin.com/announcement/ll-30d-fixed-promotion-enjoy
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Join Elektrik Twitter Space feat. our Ecosystem Lead Daniel Enright tomorrow!

We'll discuss $ELTK LBP, Elektrik DEX plans, and ofc gasless txs.

Set a reminder: https://x.com/elektriknetwork/status/1795128328103264265
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LightLink Weekly Recap:

- KuCoin launched $LL staking at 100% APR
- Featured on Crypto Coin Show
- Integrated with Ledger
- API3 launched Oracle Stack on LightLink
- LightLink is 69% more cost-effective than other L2s on Celestia Testnet
- 23.5M+ txs and 83M+ blocks on Mainnet
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Even the fastest L1s and L2s can't decrease 0.5s block creation time.

The cryptography behind the blockchain protocol requires constant back-and-forth messaging. With an average Internet latency of 0.1s, we need at least 0.4s for everything to work.

So, how do we scale TPS?

https://x.com/LightLinkChain/status/1795454248215298516
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Stake your $LL on KuCoin to earn 100% APR!

- Subscription end date: June 1 at 4 PM UTC
- Max amount to stake: 50,000 LL
- Subscribers will earn 100% APR in $LL from June 1 to July 1, up to 137 LL per day

Details: https://www.kucoin.com/announcement/ll-30d-fixed-promotion-enjoy
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Our Enterprise Mode allows Web2 enterprises to prepay txs in fiat, predict their expenses + onboard users to Web3.

Enterprise Mode is like AWS or Google Cloud, with fixed payments for infrastructure usage.

Full podcast with Roy Hui on Crypto Coin Show: https://youtu.be/sU92H3Xwrwk?si=e9AhrYhclxaiswci
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