Update
Lighter Updates TGE Scenarios and Tokenomics
Lighter, a project that provides points for farming, has updated its token generation event (TGE) scenarios. The cost per point has been adjusted based on recent successful weeks, with costs ranging from $6-$8 to $1.5-$2.5. The team has also introduced a new Robinhood Wallet rewards pool for earning additional Lighter (LIT) tokens, which has a significantly lower annualized yield of 6% compared to the previous 17.8%. Additionally, the team has announced a protocol update where 15.5 million LIT tokens purchased with exchange revenue will be burned starting shortly after the second quarter of 2026 ends. The project has also added native access to Lighter perpetuals on the Robinhood Wallet, though this feature is not available to residents of certain regions including the UK, US, Canada, Switzerland, UAE, Singapore, and some other countries.