Leveled up in the Great Gas Reckoning with ETHGas! πͺ
Kiddo Jack status: 0.1135 ETH gas spent, 25 Beans earnedβsupporting the Gasless Future!
Claim your Gas ID at https://t.co/7S0UTSBXti
TLDR on the @Lighter_xyz upcoming $LIT launch AMA we hosted earlier today with @Pilla_eth@JuanMontoni and @Boghosian
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π On the token and airdrop side
- TGE & airdrop will happen in 2025
- The airdrop will be 25% of the supply with no vesting
- No claim process, it will be dropped into the points holders' Lighter wallets
- Tokenomics details will be rolled out gradually (I like this a lot)
- 50% of the supply will go to the community
- There will be buybacks, but no number was specified
- Value will accrue to the token equity holders, who are also token holders; therefore, value will flow to the token
- The token will only be tradable on Lighter at first
- Coinbase and Bybit already added $LIT on their roadmap
- They won't pay for listings on CEXes
- There won't be an official Lighter NFT, but there will be some community ones like @fuegonft from the chad @satoshiheist
- The memecoin airdrop was only a rumor
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π On the product side
- Lighter is cheaper to trade than any other venue for most pairs (if you account for spreads + fees), you can check it here πhttps://t.co/Zf7sT9H70T
- Revenue comes from premium accounts + liquidations
- Lighter won't develop an L1
- zkEVM sidecar bringing composability with the broader defi landscape is planned to launch in H1 2026
- The real competition is from CEXes, not other DEXes
- There is a mobile app at work to rival CEX apps
- The team is working on options
- They are working on tokenized stocks and other RWAs
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Website to follow Lighter's metrics π
https://t.co/wkTt37JB7b
Link for the AMA stream in Portuguese
https://t.co/enyGzTHG0Y
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