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Lighter discloses non-trading point distribution, with less than 10% of the airdrop ratio
Wu said that Lighter founder vladn.eth announced on Discord that the project has a points distribution independent of trading activities, accounting for less than 10% of the total airdrop. One of these is an agreement reached with a third-party liquidity provider by the end of 2024, before the private testing launch, during which up to 5 million USD in liquidity will be provided to LLP to compensate for early liquidity risks; there are no financial or personal relationships between the parties. Additionally, Lighter is collaborating with a trading company to leverage its experience in low-latency systems to accelerate platform development. Previously, it was reported that Jump Crypto has been market-making on Lighter since mid-November and received an airdrop of 9.285 million LIT tokens (approximately 24.2 million USD), representing about 0.93% of the total supply.