BlockBeats news: On January 15, Lighter officially announced that users can now stake LIT tokens on the platform and enjoy multiple initial benefits:
· For every 1 LIT staked, you can deposit 10 USDC into LLP immediately. Existing LLP users have a two-week grace period until January 28; after that, staking LIT will be a requirement to continue depositing.
· The staking mechanism will better align the interests of LIT holders and LLP users, optimize the risk-adjusted returns of LLP, and will be expanded to other public pools in the future, achieving democratization of on-chain hedge funds.
· Trading fees for market makers and high-frequency trading institutions will be adjusted within two weeks, with overall increases. However, discounts will be available for those who stake LIT, while the lowest rate will remain at the current level. Retail trading will remain free of charge.
Staking LIT can generate rewards. Initially, the rewards will come from granting staking rights to premium users. The APR will be announced after activation.
· Additional Benefits: Staking 100 LIT will waive withdrawal and transfer fees, and the staking feature for mobile users will also be launched soon.
· Early participants can unlock a 1.3× points multiplier, improve their leaderboard rankings, and receive future LIT rewards. The "Founding User" identity is exclusive to early participants.