Lighter said it completed the burn of 2.452017 million LIT tokens on the day of the announcement. According to the statement, the tokens burned were obtained through automatic programmatic buybacks carried out up to the end of the third quarter of 2026. The brief update, published by Odaily, did not include extra details on the burn mechanism, transaction records, or any follow-up schedule. The announcement focused on the completed burn and the source of the tokens involved.
Lighter said it completed the burn of 2.452017 million LIT tokens on the day of the announcement.
According to the statement, the tokens came from automatic buybacks conducted through its program up to the end of the third quarter of 2026.
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