LIT Utility

Lighter Infrastructure Token (LIT) is the native infrastructure token supporting access, incentives, and alignment across the Lighter ecosystem.

Staking

The LIT Staking Pool (https://app.lighter.xyz/staking) is designed to align long-term participants with the core economics of the protocol. By staking LIT, participants gain access to platform benefits aligned with how they interact with the exchange. Unstaking is subject to a 3-day lockup period.

Active Staking Programs:

• LLP Access

• Staking APR

LLP Access

As part of our approach to offering access to niche financial products, the Lighter Liquidity Pool (LLP) is now exclusively accessible to LIT stakers. For every 1 LIT staked, participants may deposit up to 10 USDC into the LLP.

Staking APR

Staking participants currently earn APR through staking rewards. In the short term, Lighter is bootstrapping this yield using company funds and pre-TGE revenue. LIT is bought from 0x5E52363E65C99fefC0E356F0DC6c37b75bf8FC91 for these rewards. Soon staking yield will be funded by dedicated staking programs.

One example currently in development will allow participants who do not use certain staking benefits (such as trading fee discounts) to transfer those benefits to others. Participants seeking access to specific fee tiers will pay upfront for these rights, and that revenue will be distributed to LIT stakers as yield.

Buybacks

LIT is bought back by the protocol using trading fee revenue. Buybacks are executed via daily 24-hour TWAPs, with the flexibility to use shorter timeframes depending on market conditions.

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