CoinDesk••1 min read
Lighter DEX Launches LIT Token with 25% Airdrop to Early Users
Lighter DEX has launched its LIT token, distributing 25% of the supply via airdrop to early participants. According to reports, the token supply is evenly divided between the ecosystem and the team/investors. The development aims to incentivize early adoption and participation within the Lighter DEX platform. Airdrops are a common strategy in the decentralized finance (DeFi) space to bootstrap network effects and reward initial users.
📱
Never miss a Web3 update
Join our Telegram channel to receive news in real-time, straight to your phone.
Related News
MegaETH sunsets Mega Mafia accelerator program, noting ‘most’ of its successful apps left
The Block•3h ago
Injective files for SEC transfer agent registration to bring securities ownership records onchain
Cointelegraph•3h ago
JPMorgan says bitcoin outlook sees ‘encouraging sign’ as Strategy boosts cash reserves
The Block•3h ago
Ethereum Researcher Francesco D'Amato Departs EF for Ethlabs
Bankless •4h ago