Lighter: The Witch Account points will be reallocated to eligible traders, with no future dual-token/equity structure

December 28th, Lighter Founder and CEO Vladimir Novakovski shared during today’s Community Space session that the platform’s anti-cheat algorithm uses data science and clustering methods to identify, target, and reallocate points from witch accounts to eligible traders. There is an appeal process for the witch account screening, and the number of appeals filed to date has been lower than expected. If users believe the algorithm is unfair, they are welcome to submit the appeal form available in Discord. Specific algorithm details will not be shared to prevent targeted circumvention. Lighter is confident in the final witch account determination outcomes, but if any misjudgments do occur, please be sure to file an appeal. Additionally, the large volume of tokens transferred to the trading platform is unrelated to the airdrop—it is intended to secure allocation shares for investors and the team. The ultimate goal is to build value for the token, not equity, and a dual token-equity structure will not be implemented moving forward.