Lighter CEO: 25-30% of tokens will be used for the first and second quarter points airdrop

BlockBeats News, October 16, according to information compiled by community user Professor Satoshi (@satoshiheist), Vlad, CEO of the decentralized exchange Lighter, revealed several important updates during an interview.

Vlad stated that the spot trading feature will be launched between the end of October and early November, with the first batch of listed assets including ETH, BTC, and possibly WBTC. Selected meme coins and partner tokens will be added subsequently, and trading fees will be zero or extremely low.

Regarding tokenomics, 25-30% of the tokens will be allocated for Season 1 and Season 2 points airdrops, with a total community allocation of 50%. The Season 2 points campaign will continue until TGE, with points distribution resuming every Friday. The token will have multiple utilities, including access to exclusive liquidity pools, market maker fee discounts, and potential staking features.