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Lighter officially stated that it has completed the destruction of 15,638,702 LIT tokens, and the related tokens have been permanently removed from circulation. The amount destroyed corresponds to the number of LIT tokens 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 will be carried out by burning them to permanently reduce the token supply.