The Lighter team allocates 50% LIT token to the ecosystem, 26% to the team, and 24% to investors.
LIT token surges on the daily chart and pre-market trading.
Lighter, an Ethereum-based decentralized perps exchange, has announced the launch of its native token, LIT. This announcement precedes its long-awaited token generation event.
LIT Structure, Vision, and Use Cases
Lighter unveiled its Lighter Infrastructure Token (LIT) in a thread post on X. The decentralized perp exchange described the structure of the token, broader vision, and roadmap of use cases.
According to the announcement, the token is allocated between the ecosystem, team, and investors. The Lighter ecosystem will receive 50% of the token supply, while the remaining 50% will go to the team and investors.
The breakdown is 26% for the team and 24% for investors. All Lighter team members and investors have a 1-year unlock and 3-year linear vesting.
For the Lighter ecosystem, the 50% token allocation includes an immedi
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