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Lighter Turns 15.5M LIT Buybacks Into Burns, Shifts Staking Rewards

2026-06-30 21:56:06

Abstract generation in progress

Lighter will burn about 15.5 million repurchased LIT and fund staking rewards from its ecosystem token reserve. Lighter targets an initial 6% annualized staking yield. The first burn is set for the weeks after the end of the second quarter.

LIT3.55%

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