Lighter Market Leader: TGE and airdrop will take place within the year, with the airdrop accounting for 25% of the total supply

The market leader of the Lighter team, Pilla.eth, shared some details about the TGE in an AMA event themed around the Lighter TGE today, mainly including:

1. The TGE and airdrop will take place in 2025, with the airdrop amounting to 25% of the total supply, with no lock-up restrictions.

2. The airdrop does not require a claim and will be directly deposited into the Lighter wallets of point holders.

3. 50% of the token supply will be allocated to the community, with more details on token economics to be gradually announced. There will be a token buyback, but the specific amount is yet to be determined.

4. The LIT token will initially only be traded on the Lighter platform. Coinbase and Bybit have added LIT to their roadmaps, and the team will not pay for listings.

5. There will be no official Lighter NFT, but some community NFTs (such as Fuego) are acknowledged, and the meme coin airdrop is also a rumor.

In addition, Pilla.eth revealed that Lighter is developing "a mobile application that is comparable to CEX applications."