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What is Lokr and how does it bring trust and simplicity to the crypto space?
Lokr, formerly known as Polkalokr, aims to revolutionize the unregulated and complex crypto space by offering an integrated, multi-chain token locking and escrow platform with enhanced privacy features.
Lokr provides a comprehensive suite of tools for projects and individuals to effectively manage their token economies. Whether it's token creation, distribution, cross-chain bridging solutions, or trustless escrows, Lokr has all the necessary features.
The Lokr ecosystem is powered by the LKR token, which grants holders various benefits. These benefits include access to premium products and services, rewards or discounts for staking LKR or making payments with LKR, and the ability to influence project decisions. Additionally, 10% of network fees will be utilized to buyback and burn LKR tokens, reducing the circulating supply.
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