The total points pool of Lighter ($LIT) has reached approximately 12 million. Based on this number of points, and considering that the total token supply of Lighter is 1 billion $LIT, if the airdrop allocation for point holders is 25% of the total supply (which has not been officially confirmed yet), that would amount to 250 million $LIT. Therefore, based on a fully diluted valuation (FDV) of $3–6 billion: Each point would be redeemable for approximately 20.83 $LIT (250 million $LIT / 12 million points ≈ 20.83). Token price = FDV / total supply, so the value of each point = 20.83 × (FDV / 1 billion). - If FDV is $3 billion: each point is worth approximately $62.50. - If FDV is $6 billion: each point is worth approximately $125. Currently, the OTC/pre-market trading price is about $80–90 per point, which implies an FDV of approximately $3.8–4.3 billion (between $3 and $6 billion). However, the actual value after the token generation event (TGE) will certainly fluctuate, depending on market sentiment and the final allocation ratio. The above is just an estimate based on the current market and community expectations.