Lighter Private Sale AMA Summary: Community allocation will account for 50% of the token supply, and there will be a token buyback mechanism

On December 27, @Pilla_eth—Lighter’s Head of Marketing—shared key details about the project’s Token Generation Event (TGE) during an AMA focused on “Lighter TGE.” Highlights included: 1. The TGE and airdrop are set for 2025. The airdrop will account for 25% of the total token supply, with no lock-up restrictions—and recipients won’t need to claim it. Tokens will be directly deposited into Lighter wallet holders’ accounts. 2. 50% of the total token supply is earmarked for the community, with full tokenomics details rolling out gradually. A token buyback is planned, though the exact amount hasn’t been finalized. “This will drive value back to the token,” @Pilla_eth noted. 3. Initially, LIT tokens will only be tradeable on the Lighter platform. Coinbase and Bybit have added LIT to their listing roadmaps, and Lighter will not pay for these listings. 4. Lighter has no official NFTs, though the team recognizes community-made NFTs like Fuego. Rumors of a meme coin airdrop are untrue, per the update. Additionally, @Pilla_eth teased that Lighter is developing a mobile app “powerful enough to go head-to-head with centralized exchange (CEX) apps.”