Lighter: Witch accounts' balances will be reallocated to eligible traders, and a single-token/single-share structure will be adopted going forward
BlockBeats News, December 28, Lighter Founder and CEO Vladimir Novakovski said in today's Community Space that the anti-cheat algorithm uses data science and clustering methods to identify, target, and reallocate points from witch accounts to eligible traders. There is an appeal mechanism for the witch screening, and so far the number of appeals is less than expected. If users feel the algorithm is unfair, they are welcome to fill out the appeal form built into Discord. The specific algorithm details will not be made public as we do not want to be targeted for optimization. Lighter is confident in the final witch determination outcome, but if there is indeed a misjudgment, please be sure to appeal.
In addition, large amounts of tokens transferred to the trading platform are unrelated to airdrops but are for safeguarding investor and team allocation. The ultimate goal is to accumulate value to the token, not equity, and a dual token/equity structure will not be adopted.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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