Lighter will launch LIT token staking functionality on its platform.

Lighter announced on its X platform that it will launch a LIT token staking feature on the Lighter platform. The initial staking benefits include: for every 1 LIT staked, users will immediately receive 10 USDC in Lighter LLP. There will be a two-week grace period (until January 28th) during which existing LLP holders can retain their funds. After the grace period ends, staked LIT will be required to remain in LLP.