Lighte announced the launch of its infrastructure token, LIT, with the ecosystem allocating 50% of the token.
Lighter announced the launch of its infrastructure token, LIT, on the X platform, outlining its structure, vision, and use case roadmap. All value created by Lighter products and services will belong entirely to LIT holders. Lighter operates in the US, and the token is directly issued by its Class C company, which will continue to operate the protocol at cost. Tokens are allocated 50% to the ecosystem and 50% to the team/investors. The first and second quarters of the points campaign in 2025 have generated 12.5 million points, which will be immediately airdropped, representing 25% of the fully diluted value. The remaining 25% of tokens in the ecosystem will be used for future points campaigns and, to a lesser extent, for partnerships and growth initiatives. Both team and investor tokens have a one-year vesting period, followed by three years of linear vesting. Specifically, the allocation is 26% for the team and 24% for investors.