`lacp rate` configures the rate at which LACP control frames are sent from an interface. Each side can have its own rate (`normal`= 30 s, `fast` = 1 s).
The fast rate can be useful when the L1 (physical layer) link state doesn't reflect actual L2 (link layer) connectivity, e.g. when an external media converter is used.
`lacp rate`does not have any effect on the actual interface transmission rate (except for increasing overhead a tiny bit).