Lithium (LITH)

What is Lithium

Pricing information for private and pre-IPO companies, while highly valued, is difficult to accurately predict; it is private and infrequently updated. Imagine how powerful it would be if we could access all global analysts and brokers with unique pricing knowledge and incentivize them to provide superior pricing? How can we coordinate and share the best aggregate pricing information and reward all participants? This is the challenge that Lithium Finance solves by combining pricing oracles together with economic incentives to ensure honest information is rewarded and malicious information is punished. The result is accurate, frequent pricing information of virtually all hard to value assets: pre-IPO stocks, private equity, and other illiquid assets -- all accurately priced using Lithium Finance.

Lithium Finance is uniquely positioned to capitalize on a unique point of convergence between blockchain, distributed wisdom and the economic and technical engine to bring these forces together to pull the worlds of traditional finance and DeFi together, enabling tremendous growth and innovation at the interface. Crowdsourcing has been a powerful tool for creating datasets that already exist but are distributed throughout the web—Lithium Finance takes this into DeFi by gathering collective intelligence from people who previously wouldn’t give their expertise, but now have an incentive, to the benefit of the whole market.