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Lighter CEO: Lighter is expected to launch spot trading by the end of October, with community allocation accounting for 50% of the total in the token airdrop.
BlockBeats news, on October 16, according to information organized by community user Professor Satoshi (@satoshiheist), Vlad, the CEO of the decentralized exchange Lighter, revealed several important details in an interview. Vlad stated that the spot trading feature is set to launch between late October and early November, with the first batch of listed assets including ETH, BTC, and possibly WBTC. Subsequently, selected memecoins and partner tokens will be added, with transaction fees being zero or extremely low. In terms of tokenomics, 25-30% of the tokens will be allocated for the first and second quarter points airdrop, with a total community allocation ratio of 50%. The second quarter points activity will continue until TGE, with point distribution resuming every Friday. The tokens will have multiple utilities, including access to exclusive liquidity pools, market maker fee discounts, and potential staking features.