Lighter launches its token LIT: the ecosystem and the team each own 50%, and product revenue will be used for growth and buybacks.

Odaily Planet Daily reports that decentralized derivatives trading platform Lighter has announced the launch of its infrastructure token, LIT (Lighter Infrastructure Token). Lighter states that LIT is central to its "future financial infrastructure," aligning long-term incentives among traders, institutions, developers, teams, and investors. All value created by Lighter products and services will ultimately belong to LIT holders.

According to reports, LIT is directly issued by Lighter's US-based C-Corp entity, and the company will continue to operate the protocol at "cost price." Revenue generated by its core DEX and future products can be tracked on-chain in real time and will be allocated between ecosystem growth investments and token buybacks based on market conditions, with the goal of maximizing long-term value.

Regarding token allocation, 50% of the total LIT supply will be allocated to the ecosystem, and 50% to the team and investors. Of this, 12.5 million points generated in the first and second quarters of the 2025 points season will be airdropped during TGE, representing 25% of the total tokens. The remaining 25% from the ecosystem will be used for future points seasons and some cooperation and growth incentives. Of the team and investor allocation, the team will receive 26% and investors 24%, both with a 1-year vesting period followed by linear release over 3 years.

In terms of application, Lighter states that the future of finance will lie at the intersection of the traditional financial system and DeFi, and LIT's design focuses on how value flows within the financial system. LIT will be used as a layered infrastructure for trade execution and fairness verification (based on staking and gradually decentralized), as well as a fee and staking token for market data access and price verification, incentivizing verifiable data services for trading and risk management. LIT holders can also utilize related financial products to improve execution and capital efficiency and obtain risk-adjusted returns.