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Lighter founder: Previous large-scale LIT token transfers were unrelated to the airdrop; the app may launch in the coming weeks.

According to Odaily Planet Daily, in response to community reports of large LIT token transfers from the Lighter team address, Lighter founder and CEO Vladimir Novakovski stated in a Twitter Space interview with jez (@izebel_eth) that the token transfers were unrelated to airdrops and were instead for holding allocated funds for investors and the team. He also revealed that a universal margin system will allow L1 assets to be used as collateral on Lighter, and a mobile app will be launched in the coming weeks.