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Lighter launches its native token LIT, with 25% of the tokens allocated for future Points Season events.
On December 30th, Lighter announced the launch of its native token LIT. The official statement indicates that all value created by Lighter products and services will belong to LIT holders. Currently, the team is building in the United States, and the token is directly issued by its Class C company, which will continue to operate the protocol at cost price. Revenue from the core DEX product and future products and services can be tracked on-chain in real-time and will be allocated to growth and buyback based on market conditions. The distribution ratio of LIT tokens is 50% for the ecosystem and 50% for the team/investors. The first and second seasons of points launched in 2025 have generated 12.5 million points and will be airdropped immediately, representing 25% of the fully diluted value. The remaining 25% of tokens allocated to the ecosystem will be used for future points seasons, as well as a small amount for partnerships and growth initiatives. Both the team and investors enjoy a 1-year unlock period followed by a 3-year linear vesting period, with specific allocation ratios of 26% for the team and 24% for investors. It is worth noting that Lighter’s announcement still does not specify the much-anticipated airdrop timing.