despite the fact that $LIT will have minimal value accrual because lighter needs to do $32.23T in annual volume (with the current free/premium ratios) just to match HL’s current annual revenue and at the very most, only 50% of that will flow to LIT vs 99% to HYPE, we should all

as required (LI.FI/Jumper)
@0xasrequired
12-23
genuine, non-ragebait, question: what will be the utility of $LIT?
> Lighter is an L2, so there’s no need to stake LIT for consensus, like HYPE on Hypercore
> afaik there are no concrete plans for an EVM sidecar that would use LIT as gas
> I assume there will be Lighter fee


Yup.
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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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