Lighter's Marketing Manager: TGE and airdrops will take place within the year, with the airdrop accounting for 25% of the total supply.

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According to Techub News, Pilla.eth, Head of Marketing for the Lighter team, shared some details about TGE during an AMA today: TGE and the airdrop will take place in 2025, with the airdrop consisting of 25% of the total supply and having no lock-up restrictions. The airdrop will not require claiming and will be directly deposited into the Lighter wallet of the token holder. 50% of the token supply will be provided to the community, and more details on the token economics will be gradually released. There will be token buybacks, but the specific amount is yet to be determined. The LIT token will initially only be tradable on the Lighter platform. Coinbase and Bybit have added LIT to their roadmaps, and the team will not pay for listing. There will be no official Lighter NFTs, but some community NFTs are acknowledged, and the Meme coin airdrop is also a rumor.

In addition, Pilla.eth revealed that Lighter is developing a mobile application that can rival CEX applications, and the team is also researching tokenized stocks and other RWAs.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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