# LIT Utility ### Staking The **LIT Staking Pool** () 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](https://app.gitbook.com/o/UL2QKgoUbvRiSpqVpgNb/s/XuISSHTfjHCg60BNss6v/~/edit/~/changes/61/trading/trading-fees#fee-discounts-for-premium-accounts-via-staking-coming-soon)) 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. The treasury account that conducts these is `0x0000000000000000000000000000000000000000` --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://docs.lighter.xyz/about-lighter/lit-utility.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.