Ethereum-based decentralized perpetuals exchange Lighter announced the launch of its native Lighter Infrastructure Token, or LIT, ahead of its token generation event. The token is designed to align incentives across users, developers, and infrastructure participants, according to the team.
Lighter said 50% of the total token supply is allocated to the ecosystem. This includes an airdrop tied to early participation points programs, future incentives, and partnerships. The remaining supply is split between the team and investors, with allocations subject to a one-year lockup followed by multi-year linear vesting.
The company said exchange revenues and proceeds from future products will be transparently tracked onchain, with funds directed toward growth initiatives and token buybacks. Lighter added that access to certain infrastructure features will depend on LIT staking, with increased decentralization planned over time.
