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Lighter Tokenomics Split DeFi Community After LIT Reveal

Cointelegraph
Lighter's LIT tokenomics, allocating 50% to the team/investors, divided the DeFi community amid high-volume trading and prediction market wagers.

Summary

Lighter, a rapidly growing perpetual DEX, faced mixed reactions after revealing the tokenomics for its Lighter Infrastructure Token (LIT). The structure allocates 50% of the total supply to the ecosystem (including 25% already airdropped) and the remaining 50% to the team (26%) and investors (24%), all subject to a one-year cliff and multi-year vesting. Critics on social media labeled the 50% insider allocation as excessive, fearing post-launch selloffs, while supporters praised the transparency and long vesting schedules. This division was mirrored by on-chain activity, with some whales opening leveraged short positions while others increased long positions. Furthermore, speculation surged on Polymarket, where traders wagered over $70 million on the token's initial Fully Diluted Valuation (FDV), which settled around $2.8 billion shortly after launch.

(Source:Cointelegraph)