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Litentry
Litentry Price Converter
Litentry Information
Litentry Supported Platforms
| LIT | ERC20 | ETH | 0xb59490ab09a0f526cc7305822ac65f2ab12f9723 | 2021-01-24 |
| LIT | BEP20 | BNB | 0xb59490aB09A0f526Cc7305822aC65f2Ab12f9723 | 2021-01-26 |
About Litentry
Litentry (LIT) was a decentralized identity aggregation protocol designed to enhance privacy and security across decentralized applications (dApps). Operating as a parachain on the Polkadot network, it facilitated real-time processing of decentralized identifiers (DIDs) and supported cross-chain identity verification. The protocol allowed users to manage their digital identities across multiple blockchains, enabling interoperability within decentralized ecosystems.
In February 2025, Litentry underwent a rebranding to become Heima (HEI). This strategic evolution expanded the platform’s focus from identity verification to include chain abstraction and broader cross-chain asset management, aiming to eliminate barriers between diverse blockchain networks.
The LIT token served multiple essential functions within the Litentry ecosystem:
Payment: Users utilized LIT to pay for real-time credit computations and identity-related services.
Staking: Participants could stake LIT tokens to become identity registrars, contributing to the decentralization and efficiency of the network's identity verification processes.
Rewards: Third parties who established and maintained indexed identity databases received LIT tokens as incentives, promoting active participation and ensuring data accuracy within the ecosystem.
Collateral: LIT tokens were also used as collateral within DeFi lending and borrowing services, integrating identity verification to potentially reduce collateral requirements based on credit assessments.
Identity Aggregation: Litentry enabled users to aggregate and manage their identities from multiple blockchains into a unified decentralized profile, simplifying identity verification across dApps.
Cross-Chain Verification: The protocol facilitated identity validation across different blockchains, promoting secure and decentralized information verification.
Privacy Preservation: Litentry integrated privacy-preserving mechanisms to ensure user data was processed securely and without exposure to third parties.
Polkadot Integration: As a Polkadot parachain, Litentry leveraged Polkadot’s interoperability to enhance cross-chain functionality and security.
In February 2025, Litentry rebranded to Heima (HEI) to align with its strategic shift towards chain abstraction and cross-chain asset management. The transition introduced enhanced functionalities, focusing on reducing friction in cross-chain operations and advancing the platform's role in Web3 interoperability.
Enhanced Focus: While Litentry focused on decentralized identity, Heima expanded to facilitate seamless cross-chain transactions and data flows.
Token Transition: The native token transitioned from LIT to HEI as part of the rebranding, maintaining its utility in payments, staking, rewards, and collateral services.