Lighter AMA: Community Token Allocation accounts for 50% of the total supply, with a Token Buyback Mechanism

BlockBeats News, December 27th, Lighter team's Head of Marketing <@Pilla_eth> today shared some TGE details in an AMA event with the theme "Lighter TGE," including:

1. The TGE and airdrop will take place in 2025, with the airdrop amounting to 25% of the total supply, with no lock-up restrictions. The airdrop does not need to be claimed and will be deposited directly into Lightner wallet holders' accounts.

2. 50% of the token supply will be allocated to the community, with more tokenomics details to be gradually released, there will be a token buyback, but the specific amount is undetermined. "Therefore, value will flow back to the token."

3. The LIT token will initially only be tradable on the Lighter platform. Coinbase and Bybit have added LIT to their roadmaps. They will not pay for listings.

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

Furthermore, <@Pilla_eth> revealed that Lighter is developing "a mobile app powerful enough to rival CEX applications."