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Lighter Founder: Previous Large Transfers of LIT Tokens Unrelated to Airdrops, APP to Launch in Coming Weeks
Summary: In response to community concerns about multiple large transfers of LIT tokens from the Lighter team address, Lighter founder and CEO Vladimir Novakovski stated during an interview on jez's (@izebel_eth) Twitter Space that the transfers were not related to airdrops, but rather to safeguard the distribution of funds for investors and the team. Additionally, he ...
In response to community concerns about multiple large transfers of LIT tokens from the Lighter team address, Lighter founder and CEO Vladimir Novakovski stated during an interview on jez's (@izebel_eth) Twitter Space that the transfers were not related to airdrops, but rather to safeguard the distribution of funds for investors and the team. Additionally, he revealed that a general margin system will allow L1 assets to be used as collateral on Lighter, and the mobile APP will also be launched in the coming weeks.
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Link: Lighter Founder: Previous Large Transfers of LIT Tokens Unrelated to Airdrops, APP to Launch in Coming Weeks [Copy]
