What Is PlatON (LAT) and How Does It Work?
PlatON Network is a
Layer-1 blockchain designed to support privacy-preserving computation, data collaboration, and decentralized applications that require advanced data protection. Its core mission is to enable trustless data exchange and computation in Web3, allowing enterprises, developers, and institutions to use sensitive data on-chain without exposing the underlying information. PlatON positions itself at the intersection of blockchain, privacy computing, and AI-driven data economies.
At a technical level, PlatON combines a high-performance blockchain architecture with cryptographic privacy technologies such as secure multi-party computation (MPC), homomorphic encryption, and trusted execution environments (TEE). The network uses a Byzantine Fault Tolerant consensus mechanism optimized for scalability and security, allowing nodes to reach agreement efficiently while supporting complex computations beyond simple transactions. This makes PlatON suitable for use cases like confidential data sharing,
AI model collaboration, and regulated financial applications.
The native token, LAT, powers the entire ecosystem. You use LAT to pay transaction fees, stake tokens to secure the network, and participate in on-chain governance decisions. Validators and delegators earn LAT rewards for maintaining network security, while developers rely on LAT to deploy and operate decentralized applications. Together, this model aligns incentives across users, node operators, and builders, enabling PlatON to function as a secure and privacy-focused Web3 infrastructure layer.
When Did PlatON Network Launch?
PlatON Network was founded in 2018 by Dr. Xiao Feng, also known as Feng Xiao, a prominent blockchain researcher and entrepreneur, and has been developed under the direction of the LatticeX Foundation, which continues to steward its ecosystem and growth. The project released its initial whitepaper (V0.6.6) on November 28, 2018, marking the formal start of its technical roadmap toward privacy-preserving computing and blockchain infrastructure. The mainnet went live later in 2021, bringing full
Ethereum compatibility and introducing its privacy computation capabilities to real users and applications.
PlatON Network Key Milestones and Roadmap Highlights
- 2018 — Project founded and whitepaper released; Belle World test network launched.
- 2020 — Alaya Forerunner Network launched with staking and consensus implementation.
- 2021 — Mainnet launch with privacy compute and Ethereum-compatible features.
- 2022 — Launch of Moirae AI Platform for privacy-preserving AI applications.
- 2023 — Introduction of Topos tokenized deposit and remittance infrastructure.
- 2024 — Deployment of ZKPAY privacy payment system.
- 2026 (Upcoming) — LATEX DEX launch, Binance Pay integration, and expansion of TOPOS
stablecoin infrastructure for global payments.
What Is the LAT Token Utility?
The LAT token is the native utility and settlement asset of the PlatON Network, serving as the cornerstone of its economic and governance model. It is used to pay transaction fees for activity on the network, stake or delegate to validators to help secure the blockchain and earn staking rewards, and participate in on-chain governance, giving holders a voice in protocol upgrades and parameter changes. LAT also functions as the medium of exchange for services within the ecosystem, including data processing and computation fees tied to PlatON’s privacy-preserving infrastructure.
If LAT is listed on BingX, you can trade it directly on the
Spot market by selecting the
LAT/USDT trading pair, entering the amount you want to buy or sell, and choosing a
Market or Limit order to execute the trade. Once the order fills, the LAT tokens will appear in your Spot wallet, where you can hold, transfer, or trade them further.
What Is PlatON Network Tokenomics?
PlatON (LAT) has an initial issuance of 10 billion LAT tokens, with allocations designed to balance long-term ecosystem growth, research, decentralization, and network security.
LAT Token Allocation
- Founding Team – 20% (2,000,000,000 LAT)
- Private Round (Total) – 20% (2,000,000,000 LAT), including:
- Private Sale (A Round Investors): 8.6172%
- Private Sale (B1 Round Investors): 1.6529%
- Private Sale (B2 Round Investors): 2.5724%
- Token Treasury: 7.1575%
- LatticeX Foundation – 15% (1,500,000,000 LAT)
- Reserve – 15% (1,500,000,000 LAT)
- Ecosystem Fund – 10% (1,000,000,000 LAT)
- Developer Fund – 10% (1,000,000,000 LAT)
- Research Fund – 10% (1,000,000,000 LAT)
- Alaya Support Fund – 5% (500,000,000 LAT)
How to Stake LAT Tokens on PlatON
Staking LAT allows you to help secure the PlatON Network while earning on-chain rewards by delegating your tokens to validators.
1. Set up a PlatON-compatible wallet: Create a wallet that supports PlatON, for example, the official PlatON wallet or another compatible option, and make sure you control your private keys.
2. Fund your wallet with LAT: Transfer LAT tokens to your wallet. Keep a small balance unstaked to cover transaction fees.
3. Access the staking interface: Go to the official PlatON staking portal and connect your wallet.
4. Choose a validator: Review validator metrics such as uptime, commission rate, and total delegated stake, then select a validator you trust.
5. Delegate (stake) your LAT: Enter the amount of LAT you want to stake and confirm the transaction in your wallet.
6. Earn and manage rewards: Staking rewards are distributed periodically. You can claim rewards, re-delegate to another validator, or increase your stake at any time.
7. Unstake when needed: If you choose to unstake, note that a lock-up / unbonding period applies before your LAT becomes transferable again.