Lighter protocol updates its tokenomics: LIT tokens repurchased in the future will be permanently burned.

Lighter Protocol released an update on its tokenomics, announcing that all LIT repurchased in the future will be permanently burned, with the first burn to be executed within several weeks after the end of the second quarter. Since TGE, Lighter Protocol has repurchased approximately 15.5 million LIT, accounting for about 6.3% of the circulating supply. The source of staking rewards will be adjusted from pre-TGE revenue to remaining ecosystem tokens, with the staking yield targeted at an annualized rate of 6%. Based on the current staked amount of around 125 million LIT, approximately 7.5 million LIT will be distributed annually, with funding coming from the remaining 250 million LIT. Lighter Protocol's treasury management will prioritize balancing rewards for long-term stakers, reducing supply through token burns, reserving tokens for partners and growth, and maximizing long-term value for token holders.