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Lighter Launches Native Token LIT, 25% Tokens to be Used for Future Point Season Activities
Summary: Lighter has launched its native token LIT, with 25% of the tokens to be used for future point season activities. The team is currently based in the United States and the tokens are issued directly by its Class C company, which will operate the protocol at cost. Revenues from core DEX products and future product ...
Lighter has launched its native token LIT, with 25% of the tokens to be used for future point season activities. The team is currently based in the United States and the tokens are issued directly by its Class C company, which will operate the protocol at cost. Revenues from core DEX products and future product services can be tracked on-chain in real-time and will be allocated to growth and buyback based on market conditions. The token distribution ratio for LIT is 50% for the ecosystem and 50% for the team/investors. The first and second seasons of points launched in 2025 have generated 12.5 million points, which will be airdropped immediately, equivalent to 25% of the fully diluted value. The remaining 25% of tokens allocated to the ecosystem will be used for future point season activities, as well as some partner relationships and growth plans. Both the team and investors have a 1-year lock-up period and a subsequent 3-year linear vesting period, with specific allocation ratios of 26% for the team and 24% for investors.
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Link: Lighter Launches Native Token LIT, 25% Tokens to be Used for Future Point Season Activities [Copy]
