Litentry is a Decentralized Identity Aggregation protocol that provides a decentralized, interoperable identity aggregation service. LIT token is the native cryptocurrency of Litentry, which can be used to pay transaction fees, incentivize collators, empower governance mechanisms, and serve as the utility token for identity product or service. The inflation model of LIT token aims to guarantee the security of the Litentry network in the long run. Collators are full nodes for the parachain and the relay chain, and LIT holders are encouraged to participate as a nominator. The community can participate in running and maintaining the collator nodes to make the identity protocol more decentralized, stable, and robust.

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