As per Odaily, decentralized derivatives platform Lighter has launched its infrastructure token LIT (Lighter Infrastructure Token). The token is designed to align incentives among traders, institutions, developers, and investors, with 50% allocated to the ecosystem and 50% to the team and investors. Product revenue will be used for growth and token buybacks. The token's total supply will be distributed with 25% airdropped at TGE from the first two seasons of points in 2025, and the remaining 25% reserved for future point seasons and growth incentives. The team and investors will receive 26% and 24% respectively, both subject to a 1-year vesting period followed by 3 years of linear release.
Lighter Launches LIT Token with 50% for Ecosystem and 50% for Team/Investors
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Summary
Lighter has announced the token launch news for its infrastructure token LIT, with 50% allocated to the ecosystem and 50% to the team and investors. The token aims to align incentives across traders, institutions, and developers. Product revenue will fund growth and buybacks. At TGE, 25% will be airdropped from the first two point seasons in 2025, while another 25% is reserved for future incentives. The team and investors will receive 26% and 24% respectively, both under a 1-year vesting and 3-year linear release. This new token listings event marks a key step for the platform’s growth strategy.
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