LIT Surges 250% Post-Tokenomics Shift, Burning 15.5M Tokens
2026-07-06 11:19

Woofun AI reports that Lighter (LIT) has recovered to $2.70, marking a 22% increase from its $0.77 low after announcing a tokenomics overhaul. The protocol will transition buybacks to permanent burns, targeting 15.5 million LIT tokens, or 6.3% of circulating supply, starting in Q3 2026. Staking rewards will also shift from platform revenue to the ecosystem reserve fund.

Disclaimer: Views are the author's own and do not represent the platform. Do not reproduce without permission. Content is for reference only, not investment advice. Trade at your own risk.
Tags:
LIT
Lighter
Share:
back