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Lighter officials said they have completed the destruction of 15,638,702 LIT, and the related tokens have been permanently removed from circulation. The amount destroyed in this round corresponds to the number of LIT repurchased via a programmatic mechanism as of the end of the second quarter of 2026, accounting for about 6.3% of the circulating supply. Previously, Lighter said that LIT repurchases would be carried out in a way that reduces the token supply permanently through destruction.