Lighter has launched the LIT Staking feature, allowing users to stake 100 LIT to waive withdrawal and transfer fees.

On January 15, Lighter officially announced that users can now stake its LIT token on the platform and access a range of benefits: - For every 1 LIT staked, users can deposit 10 USDC into the LLP and start earning rewards immediately. Existing LLP users get a two-week grace period (ending January 28) — after that, staking LIT will be required to keep depositing into the LLP. - The staking mechanism will better align the interests of LIT holders and LLP users, optimize the LLP’s risk-adjusted returns, and expand to other public pools down the line — advancing the democratization of on-chain hedge funds. - Transaction fees for market makers and high-frequency trading (HFT) firms will be adjusted within two weeks (with most increases), but staking LIT will unlock a discount to keep minimum fees at current levels. Retail trading will stay free. - Staking LIT will generate income, with initial returns tied to staking rights granted to advanced users. The annual percentage rate (APR) will be announced post-activation. - Extra perks: Staking 100 LIT waives withdrawal and transfer fees. Mobile staking functionality is coming soon. - Early participants unlock a 1.3x points multiplier, boost their leaderboard ranking, and earn future LIT rewards. The “Founding User” status is exclusive to early participants.