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- Lighter unveils LIT token, boosting decentralized exchange’s ecosystem growth.
- 50% LIT token allocation fuels ecosystem with airdrops and incentives.
- Lighter’s roadmap includes transparent revenues and gradual decentralization goals.
Ethereum-based decentralised perpetuals exchange Lighter has officially unveiled its Lighter Infrastructure Token (LIT) ahead of its highly anticipated token generation event. As stated in an announcement published on X, the LIT token aims to align the incentives of different stakeholders within the ecosystem. The Lighter team unveiled that the token will play a crucial role in motivating participation, with half of the total supply allocated to the ecosystem.
The initial meaningful action of the LIT token is an airdrop, which will be offered to players of the first two seasons of the 2025 points. This airdrop will be worth approximately one-quarter of the fully diluted value of the token. The remainder of the ecosystem budget will be allocated to financing future incentives and strategic alliances, which are key to the exchange’s further development.
The team of Lighter itself will have 26 per cent of the total LIT supply, although its investors will have 24 percent. These two portions are also subject to a one-year lock-up and a three-year linear vesting schedule, which will ensure a slow release of tokens back into circulation.
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Revenue Transparency and Decentralisation Roadmap
The issue of transparency at Lighter came to the fore when the exchange announced that the revenues of the exchange, as well as its future products based on its infrastructure, would be viewable on-chain. This will provide stakeholders with an understanding of the platform’s financial performance. Also, the team reiterated that the revenues from these proceeds will be allocated to growth activities and token buybacks, which will have a further positive impact on LIT holders.
In the long run, Lighter will decentralise a number of its financial infrastructure. The most significant attributes, such as fairness verification and transaction handling, will increasingly be based on LIT staking. This decentralised strategy aligns with Lighter’s long-term vision to decentralise its core operations while maintaining a strong and effective ecosystem.
Rapid Growth and Future Prospects
Lighter has quickly become one of the largest decentralised perpetual exchanges since its public mainnet launch in October, with an impressive trading volume of $292.5 billion in November, mainly attributable to the exchange. This expansion puts it above other competitors, such as Aster and Hyperliquid, which had traded in volumes of $259.2 billion and $243.6 million, respectively. Moreover, the exchange has just raised $68 million at a valuation of $1.5 billion, with top investors including Founders Fund and Ribbit Capital.
Lighter has also engaged in spot trading as part of its future growth. The diversification of the platform’s offerings is an extension of its attempt to strengthen the service within the market, attracting a larger user base and bringing more value to token owners.
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