Lighter, darling, has finally flung open the doors to its long-rumored token launch, revealing the LIT token with all the pomp of a debutante’s first ball. Let’s all clap politely while wondering where the confetti cannons were.
50% to the ecosystem (because sharing is caring, darling) and 25% airdropped faster than your ex’s texts after a breakup 💔.
Lighter announced its “long-awaited” token on X, as if the world had been collectively holding its breath. The LIT token, they claim, is the “economic backbone” of their “growing on-chain trading stack.” Darling, if I had a dollar for every backbone in crypto, I’d buy a yacht and sail away from this jargon.
According to the team, every shred of value generated will “accrue to LIT holders.” How? By splitting protocol revenues between growth and buybacks, depending on “market conditions.” Translation: We’ll wing it. 🤷♂️
Team and ecosystem receive equal share (said no one ever)
50% of the token goes to the team and investors-because nothing says “community first” like keeping the largest slice for yourself. The remaining 50% is for ecosystem incentives, with 25% of the total supply airdropped faster than a cat meme goes viral.
Future projects? Funded by what’s left of the ecosystem pot. Team and investor tokens are locked up for a year, then drip-fed over three years. Because patience is a virtue, and liquidity is a myth. ⏳
We’re announcing the Lighter Infrastructure Token (LIT)! It’s the glue holding our grand vision together. In this thread, we’ll explain everything. Or at least try to. 🧵
– Lighter_xyz, probably while nervously adjusting their tie.
Fun fact: The token’s issued from Lighter’s U.S. C-Corp, because nothing says “decentralized” like a corporate entity. All revenues are trackable on-chain. Because transparency! 🕵️♂️
Staking tiers? Oh, they’re a thing. Hold and stake LIT to unlock “improved execution quality” and “capital efficiency.” Translation: The rich get richer, and the poor get memecoins. 💸
Lighter’s 2025: A Whirlwind of Growth (And Hype)
By Lighter’s own account, 2025 was a smashing success. They’re one of the most active perpetual DEXs, built on Ethereum’s zk-rollup tech. ZK-SNARKs validate every trade-because cryptography, darling.
Raised $68 million from big-name VCs. Retail traders get zero fees, 5ms finality, and throughput rivaling a caffeine-fueled barista. They’ve zoomed into the top tier of perp DEXs, occasionally matching Hyperliquid and dYdX. Well, well, isn’t that special? 🚀
Polymarket traders, ever the optimists, priced a 97% chance of a Dec. 30 launch. Over $4M traded on that market in 24 hours. Conclusion? Speculation is the new spectator sport. 🏟️
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Check for sections like the team’s use of a C-Corp and on-chain revenues. Add a jab about corporate structure with a raised eyebrow. Also, staking tiers could be phrased as “the more you stake, the more you get-just like in the good old days of feudalism.”
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2025-12-30 11:24