Lighter recently announced the launch of an ecosystem incentive token, LIT, issued directly by a US C-Corp. The interesting aspect of this design is moving the revenue mechanism on-chain — the income generated from DEX and subsequent products is traceable, and can be flexibly used for growth or buybacks depending on market conditions. It seems aimed at building a more transparent value cycle. The token distribution follows a common 50-50 model, with half allocated to ecosystem development and the other half distributed to the team and investors. By the end of the 2025 points season, the accumulated points have reached a significant scale. The key to this structure is whether it can truly create a positive feedback loop between exchange revenue and token value, thereby generating long-term benefits for participants.