LAKE price

LAK3

LAK3 token is your passport to the New Water Economy, a gateway to a trillion liters Real-World Asset class in all its forms. LAK3 is borderless, usable anywhere, anytime and by anyone thanks to Blockchain.

More than a Universal Cryptocurrency for Water, it’s a multi-utility token operating at the heart of the LAKE Ecosystem and giving you access to tremendous opportunities and benefits:

• Buy Water: Directly purchase high-quality water from our partnered springs around the world using the LAK3 token.
• Sell Water: Participate in community-driven water sales (Community to Business - C2B) and share profits from large-scale water transactions.
• Secure Water: Use the "Burn to Secure" protocol to obtain guaranteed annual water allocations for the future at fixed prices.
• Invest in Water Sources: Become a shareholder in water springs through the LAKE LaunchPad.
• Donate Water: Contribute to verified water donation projects and support communities in need. By design, 30% of LAKE's profits automatically goes towards donations.

The total supply of LAK3 tokens is 950,000,000 and designed to support the sustainable growth of the LAKE ecosystem. Detailed tokenomics, including distribution, allocation, is available on our website.

LAKE aims to create a decentralized, transparent, and equitable water ecosystem where opportunities and clean water are accessible to everyone, regardless of their geographical or economic status. LAKE envisions a future where the water economy is managed sustainably and collaboratively, ensuring long-term opportunities and fairness to people.

• Democratize Water Access: We strive to break down the barriers in the water industry by enabling direct transactions between water sources and consumers thanks to our “Spring-to-Consumer (S2C)” model. By eliminating intermediaries, we reduce costs, enhance transparency and increase water supply and quality.
• Promote Sustainability: Through our ecosystem, we encourage sustainable water accessibility practices. We build a value chain that focuses on non-plastic use, carbon footprint reduction and compensation (Save Planet Fee), untapped clean water exploitation, and direct distribution, ensuring that water remains an available resource for future generations.
• Empower Communities: We empower individuals and communities to take control of their water resources and get access to financial opportunities by transforming passive consumers into active players within the water economy. We also want to give back by dedicating 30% of LAKE Portal profits to donations and build “Verified Donations Pipelines” to help the 2.2 Bn people facing water scarcity around the globe.
• Innovate Water Solutions: We are committed to continuous innovation to address water-related challenges. By integrating smart contracts and utility-NFTs solutions, we are transforming the way people interact with water and create new opportunities for investment and growth in the water sector.

We would humbly like to introduce a broader definition of RWA as we can provide access to a RWA without tokenizing it, while using the blockchain technology. Our project is a great example of giving access to one of the most essential Real-World Assets: water, without tokenization.

Through our project, which relies on a multi-utility LAK3 token and the LAKE ecosystem, we give access to water and its economy. Our token holders can buy, sell, secure, donate water or invest in water sources within our ecosystem, but in no case does it imply the tokenization of the water itself.

A unit of the LAK3 token does not equate to or represent a specific volume of water in the real world. Our goal is to democratize access to clean water, and tying the token value directly to water could undermine this objective by potentially limiting access to only those who can afford higher-priced tokens.

At LAKE, we believe that the current definition must be broadened to other use cases as there is not just one way of accessing RWAs. Our definition of RWA is “Real-world assets (RWAs) in blockchain are digital tokens that represent or give access to tangible or intangible assets from the off-chain world, such as goods, commodities, real estate, or any other asset of value.”

At LAKE, our NFTs are not just pieces of art but real rights, privileges or ownership warrant within our ecosystem. We're leveraging the power of NFTs to transform how we interact with water. NFTs play a crucial role in recognizing and rewarding engagement, offering a dynamic way to prove activity, generosity, and investment.

LAKE unveils 5 types of NFTs: * NFT-POK (Proof of Kindness): Highlights acts of generosity and community support. Every donation within the LAKE community is acknowledged and rewarded. * NFT-POI (Proof of Investment): Commemorates your investments and your ownership in a water source. * NFT-POB (Proof of Burn): Holds your water allocation supply and allows you to redeem them within the LAKE Ecosystem. * NFT-PSP (Proof of Profit Sharing): Allows you to redeem your share in community-driven profits from large-scale water sales. * NFT-VIP (VIP Whale Club): Exclusive to those holding a big amount of $LAK3 tokens, the NFT-VIP grants access to premium benefits such as early access to deals, special discounts, exclusive merchandise...

The LAKE Smart Flow Scheduler (SFS) is a cutting-edge oracle system designed to ensure optimal execution of transactions within the LAKE ecosystem. It’s an essential component of the LAKE ecosystem, providing a robust, transparent, and efficient platform for water transactions.

• Real-Time Data Collection: The SFS integrates with a decentralized oracle network, to fetch real-time prices for Fiat/Stablecoins exchange rates, water prices from different sources, DEX and CEX conversion rates of LAK3 to USDT and other cryptocurrencies, and live LAKE orders.
• Order Routing and Execution: Utilizing advanced algorithms, the SFS analyzes order books, liquidity pools, and market depth to determine the optimal routing for both aggregate and single orders.
• Timing Adjustment for Market Stability: The SFS employs adaptive timing to execute transactions strategically, balancing market liquidity and price stability Conversion and Settlement: Post execution, the SFS converts proceeds into USDT or other stablecoins, ensuring stable value retention
• Blockchain Integration and Security: All transactions managed by the SFS are executed via smart contracts, automating and enforcing transaction terms while ensuring transparency and immutability on the blockchain.
• Dynamic Adaptation to Market Conditions: The SFS continuously monitors market conditions and adjusts its operations in real-time, responding to changes in demand, trading volumes, and market trends

By integrating real-time data, advanced algorithms, and blockchain technology, the SFS optimizes order execution, maintains market stability, and ensures transparent and secure transactions, enhancing the overall user experience and fostering a sustainable water economy.