Lighter said in a post on X that its protocol has repurchased 17.5 million LIT tokens through programmatic buybacks since its token generation event, or TGE. According to the statement, that amount represents 7% of the token’s circulating supply. The update was reported by Odaily under the technology category. No further details on the buyback mechanism, timing breakdown, or related treasury data were disclosed in the source material.
Lighter said in a post on X that, since its token generation event, or TGE, the protocol has repurchased 17.5 million LIT tokens through programmatic buybacks. The project said the amount equals 7% of circulating supply.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.
