Open rails for real commerce

About Lekan Network

We’re an EVM‑compatible Layer‑1 purpose‑built to connect everyday commerce across Africa and other emerging markets to the global digital economy—instant settlement, low fees, and trust guaranteed by math, not middlemen.

Chain ID 9009 Explorer explorer.lekan.network Public RPC rpc.lekan.network Token LEKAN (LRK)

Our Mission

Make global trade and digital finance accessible to everyone by turning mobile phones into secure, self‑custodied wallets and storefronts—so individuals, micro‑merchants, and enterprises can transact instantly, fairly, and transparently.

Our Vision

A world where a market vendor in Accra can sell to a buyer in Nairobi or New York with the ease of sending a text—settlement in seconds, fees in cents.

Why we exist
  • Payments are fragmented & expensive: cross‑border transfers are slow and fee‑heavy for small transactions.
  • On‑chain UX is hard: seed phrases and gas tokens block mainstream users.
  • Informal economies are underserved: tools are offline, cash‑based, and opaque.
  • Builders lack local primitives: most chains ignore currency, identity, and offline‑tolerant needs.
The Core Chain
  • EVM‑compatible L1 with deterministic finality via IBFT Proof‑of‑Stake (BLS validators)
  • Fork: hardened Polygon Edge ("lekan‑edge") for performance & modularity
  • Low fees & fast finality—ideal for POS and micro‑transactions
  • Observability: Blockscout/ETHVM indexing, archival nodes
Token utility: LRK for gas, staking, governance, and ecosystem incentives. Detailed tokenomics ship as a dedicated, audit‑ready paper.

Our DApp Suite

Merchant‑first apps and primitives that make real commerce simple. Build once—use across the ecosystem.

Lekan Wallet

Self‑custody with human‑readable names, social recovery, multi‑sig, and gas abstraction—onboard without seed‑phrase panic.

Lekan Pay

Instant P2P & merchant payments via QR/NFC, payment links, invoices, and bulk payouts. Stablecoin rails & compliant on/off‑ramps.

Lekan Market

Create a storefront in minutes—escrow, delivery milestones, ratings, and dispute workflows built in.

Lekan Remit

Cross‑border transfers optimized for African corridors; predictable fees and near‑instant settlement.

Lekan Merchant (POS)

Android POS with offline‑tolerant queue‑and‑sync; roles, receipts, and cash‑mix reconciliation.

Lekan ID

Verifiable credentials, KYC bridges when required, and portable on‑chain reputation.

Lekan Name Service (LNS)

Human‑readable names for people, merchants, and apps—works across the ecosystem.

Lekan Chat & Town Halls

Identity‑aware messaging, community governance rooms, and merchant support channels.

Lekan Finance (Vaults & Credit)

Non‑custodial savings and credit primitives backed by on‑chain activity and risk modules.

PSP Connect

Banks, mobile money, and PSPs plug into Lekan rails to power compliant on/off‑ramps.

Developer Platform

SDKs, subgraphs, faucets, and templates—ship payments, escrow, and identity in days, not quarters.

The Story in One Flow

How a real merchant uses Lekan from first sale to global scale.

Onboarding

Ama, a market vendor in Accra, installs Lekan Wallet and claims ama.lns.

Storefront

She opens Lekan Merchant (POS) to list products in Lekan Market—done in minutes.

Payment

A buyer in Nairobi scans a QR from Lekan Pay. Funds are held in Escrow until delivery is confirmed.

Resilience

If connectivity blips, POS queues the transaction and syncs when online. Finality in seconds, fees in cents.

Reputation

Her Lekan ID grows with verified reviews, unlocking Lekan Finance micro‑credit for inventory.

Scale

At month‑end, she sends payroll and supplier payouts with Lekan Remit and joins product Town Halls.

How We Will Revolutionize Web3

  1. Real‑world first: Commerce, not speculation, as the default use case.
  2. Mobile‑native UX: Gasless flows, account abstraction, and social login.
  3. Local currency rails: Stablecoins and compliant on/off‑ramps for African corridors.
  4. Trust by design: Escrow, disputes, and verifiable reputation built‑in.
  5. Offline‑tolerant: Queue‑and‑sync, low‑data modes.
  6. Developer velocity: Opinionated primitives so teams ship in weeks, not quarters.
  7. Compliance without captivity: Self‑custody at the edge; policy at the app layer.
  8. Open interoperability: Bridges to major L2s and chains with L1 sovereignty.
  9. Deterministic finality & low fees: IBFT PoS ideal for point‑of‑sale and micro‑transactions.
  10. Community‑owned growth: Staking, grants, and a builder DAO.

Security & Reliability

  • Multi‑region validators with BLS signatures and monitored health checks
  • DDoS‑aware RPC gateways, rate‑limits, and observability (Prometheus/Grafana)
  • Transparent audits, bounties, and incident response drills
  • Archival nodes and verified indexing via Blockscout/ETHVM

Token Utility (LRK)

  • Gas: pay network fees
  • Staking: secure the network and earn rewards
  • Governance: vote on upgrades, grants, and treasury
  • Incentives: validators, infra, and developer grants

Detailed tokenomics will be published as a dedicated, audit‑ready paper.

Governance & Community

  • Phase 1 – Foundation‑led: ship core tech, docs, and grants
  • Phase 2 – Shared stewardship: builder councils for standards
  • Phase 3 – DAO‑first: on‑chain voting for upgrades & treasury

Impact

Millions of entrepreneurs operate outside formal banking. Lekan gives them a wallet, a storefront, and a ledger—on any Android device—with borderless payments and verifiable identity.

2025–2026 Roadmap (High Level)

Mainnet Hardening

  • Validator expansion
  • Performance tuning
  • Uptime SLOs

Wallet, Pay & POS

  • Gas abstraction
  • QR/NFC POS
  • Social recovery

Market & Escrow

  • Ratings & disputes
  • Milestone releases
  • Merchant analytics

Developer Grants

  • SDKs & templates
  • Hackathon series
  • Subgraph kits

Bridges & Listings

  • Interoperability
  • Exchange access
  • Custody support

Governance MVP

  • On‑chain proposals
  • Community treasury
  • Public dashboards

Roadmap items are targets and may evolve as we validate with users, merchants, and regulators.

Why Invest in Lekan Network

We’re building the rails for real‑world, high‑frequency commerce.

Why now

  • Demographics & mobile: hundreds of millions of mobile‑first users entering the digital economy.
  • Commerce is going on‑chain: stablecoins settle billions daily—the next wave is real‑world payments and marketplaces.
  • Regulatory clarity rising: sandboxes and pragmatic compliance paths across key markets.

Business model

  • Payments: bps‑level fees on merchant payments, bulk payouts, remittances.
  • Marketplace & Escrow: take‑rates on facilitated transactions and dispute services.
  • SaaS for Merchants: POS, analytics, inventory, invoicing, team seats.
  • Identity & Verification: optional credential flows for regulated use cases.
  • Infrastructure: white‑label rails for PSPs, fintechs, and governments.

Moat

  • Local rails + UX (offline‑tolerant POS, gasless UX, identity primitives)
  • Compliance‑ready architecture (self‑custody at the edge; policy at the app layer)
  • Ecosystem gravity (LNS names, credentials, and escrow standards by default)

Traction & Milestones

  • Core chain: EVM L1 with IBFT PoS (BLS), Chain ID 9009
  • Public endpoints: explorer.lekan.network, rpc.lekan.network
  • DApp suite: wallet, pay, market, remit, POS, ID, LNS, chat, finance, PSP connect, dev SDKs (active development)

Next 12 months

  • Wallet v1 GA; POS pilots in 2–3 corridors
  • Market + Escrow live; Remit corridors expanded
  • 50+ ecosystem apps using payments/identity primitives
  • Governance MVP; grants & hackathon programs

Risks & Mitigations

  • Regulatory: partner with local PSPs & sandboxes; optionality in credential layers.
  • On/Off‑ramps: multiple partners per corridor; fail‑over options.
  • Security: audits, bounties, validator diversity, incident response drills.
  • Scalability: horizontal RPC scaling, rate‑limits, observability.

Build

Start with docs, SDKs, and example apps. Join the next hackathon.

Start building

Validate

Run a validator or a high‑quality RPC. Help secure the network.

View roadmap

Invest

Support ecosystem growth: product, compliance, grants, and validator incentives.

Email info@lekan.network