Lighter introduces mandatory LIT staking for liquidity pool access
Lighter now requires users to stake its native LIT token to access the Lighter Liquidity Pool (LLP).Summary
Decentralized perpetuals exchange Lighter has implemented mandatory staking of its native token, LIT, as a core utility for accessing platform features, starting with the Lighter Liquidity Pool (LLP). Users must stake LIT at a 1:10 ratio to unlock deposits, meaning one staked LIT permits up to 10 USDC in deposits. While new users face this requirement immediately, existing LLP depositors have a two-week grace period ending January 28th before staking becomes mandatory for maintaining positions. Lighter states this will better align LIT and LLP holders and enhance the LLP's risk-adjusted returns. Further benefits for stakers include zero fees on withdrawals and transfers for staking at least 100 LIT, plus earning yield. Lighter plans to introduce similar staking mechanics for other public pools. The platform is also adjusting premium fees for market makers, tying discounts to LIT staking, though retail trading remains free.
(Source：The Block)