Gram
The Lantah Network supports digital representations of any currency or asset but it also has it's own native token, called gram [GRAM]. This token is used by protocol to fulfill several roles, ultimately enabling digital assets to move directly between people, companies and financial institutions.
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Fundamentally, grams are used to pay transaction fees and meet minimum balance requirements. Without some kind of nominal barrier or cost, the network's ledger could easily be attacked by bad actors and filled with spam. Imposing a minimum balance on each account and a very small transaction fee, are small enough barriers to remain widely accessible, but large enough to discourage bad behavior.
THE Gram Supply
Unlike other cryptocurrencies like Bitcoin, grams cannot be mined. 1 trillion grams will be created in the genesis wallet the moment the Lantah Network goes live. No other grams can or will ever be created. As outlined in our mandate, 900Gg, or 90% of the total supply will be placed in an escrow, forming a 100+ year long escrow enforced by the protocol. The remaining 100Gg, or 10%, will be Lantah's seed fund.
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