Lighter AMA: Community token allocation accounts for 50% of the total supply, with a token buyback mechanism to be implemented

BlockBeats News, December 27, Lighter team’s Head of Marketing @Pilla_eth shared some details about the TGE in an AMA event themed “Lighter TGE” today, mainly including:

1. The TGE and airdrop will take place in 2025, with the airdrop accounting for 25% of the total supply and no lock-up restrictions. The airdrop does not require claiming and will be directly deposited into the Lightner wallets of points holders.

2. 50% of the token supply will be allocated to the community, with more details on tokenomics to be announced gradually. There will be a token buyback, but the specific amount is not yet determined. “Therefore, value will flow to the token.”

3. The LIT token will initially only be tradable on the Lighter platform. An exchange has already added LIT to their roadmap. They will not pay for exchange listings.

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

Additionally, @Pilla_eth revealed that Lighter is developing “a mobile application comparable to CEX apps.”