LITHENERGY

The Lite Charge network’s native utility token is the LITC token. For charging their vehicles, drivers can use credit cards, PayPal and LITC utility tokens. The LITC tokens can be used to pay for the electricity and other features.

LITC is the first Australia decentralised token which used as ev charging currency. LITC token launched on Pancakewap and CEX in end of 2022. 20 million tokens
were allocated for token Migration on 18 December 2022.
Charging electric vehicles EV car owners are frequently dissatisfied by the difficulty they have in finding a
charging station and paying for it. Multiple charging stations have been installed in various places, yet there is a dearth of awareness among EV owners. Furthermore,
rapid charging is not available at all charging stations. As a result, these stations have long lines.

Lithenergy team mission is to create an ecosystem that amalgamates investors and electric vehicle (EV) users. Investors who are also EV users will hold the dual benefit of having a DAO NFT. This dual stakeholder will be known as an EV Initiative user/investor.
A DAO NFT provides its holder with the opportunity to participate in key decision-making votes. The DAO voting will catalyse special burn events for token reduction, initiate increased rewards per kWh or delegate an allocation of treasury funds to develop future growth of the network infrastructure.
The total voting power of all NFT holders is split into 5 tiers, with a 20% voting allocation provided to each of the 5 tiers. For example, all Platinum NFT holders will have the same voting power as that of the Gold NFT collective.