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title: "Cryptoeconomic Security"
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<Warning>
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The <b>$LITKEY</b> token and v1 Mainnet are <b>NOT YET LIVE</b>, but are coming soon.
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[Follow Lit Protocol on X](https://x.com/LitProtocol) to stay up to date.
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</Warning>
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## Overview
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While threshold cryptography and TEEs provide technical security guarantees, the $LITKEY token introduces cryptoeconomic security that adds another layer of **defense in depth**.
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