Lighter AMA: 50% of the total token supply will be allocated to the community, and there will be a token buyback mechanism.

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According to TechFlow TechFlow, on December 27th, @Pilla_eth, the marketing lead for the Lighter team, shared some details about TGE during an AMA session themed "Lighter TGE," including:

1. TGE and the airdrop will take place in 2025, with the airdrop amount being 25% of the total, and there are no lock-up restrictions. The airdrop does not require claiming and will be directly deposited into the Lightner wallet of the points holder.

2. 50% of the token supply will be provided to the community. More details on the token economics will be released gradually, and there will be token buybacks, but the specific amount is yet to be determined. "Therefore, value will flow to the tokens."

3. Initially, LIT tokens could only be traded on the Lighter platform. Coinbase and Bybit have added LIT to their roadmaps. They will not charge listing fees.

4. There will be no official Lighter NFT, but some community NFTs, such as Fuego, will be recognized. The meme coin airdrop is just a rumor.

In addition, @Pilla_eth revealed that Lighter is developing "a mobile application that can rival CEX applications".

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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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