Lighter announced a tokenomics update that all future repurchased LIT tokens will be permanently burned, removing them from circulation forever. This change shifts from holding repurchased tokens in treasury to permanently destroying them, aiming to create deflationary pressure and enhance scarcity. The impact on circulating supply depends on the volume of future buybacks, and holders should watch for transparent proof of burns on the blockchain. This move signals stronger supply discipline and aligns incentives with long-term holders, but immediate supply reduction will only occur as repurchases happen.

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Lighter to permanently burn all future repurchased LIT tokens, reducing supply and boosting tokenomics.

More News (LIT)

Bitcoin and ether test key support as traders seek downside protection amid market weakness.

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Lighter to permanently burn all future repurchased LIT tokens, reducing supply and boosting tokenomics.

More News (LIT)

Bitcoin and ether test key support as traders seek downside protection amid market weakness.

Invest & Trade with#1 Award-Winning Investment Super App

iOS App Store

Google Play Store

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