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Litentry Announces Brand Upgrade, Token Renamed from LIT to HEI

According to official news, Litentry announced a brand upgrade, the token was renamed HEI from LIT, and the project was renamed Heima to reflect its strategic shift from decentralized identity to a cross-chain abstraction layer. The name change has been approved by referendum #38 Received community approval. The new HEI tokens will be fully unlocked within 20 months, and the circulation will increase from 66.45 million to 100 million. Of these, 22.10 million will be allocated to the ecosystem wallet, 2.20 million to the foundation, 5 million to the liquidity pool will be unlocked instantly, and 4.25 million will be released by the team. LIT tokens will be migrated to the new ERC-20 and BEP-20 contracts at a 1:1 ratio.