Lighter has launched the LIT staking feature, which unlocks four benefits, including LLP rewards and fee discounts.
Svmuu News: Lighter has announced the launch of its LIT staking feature. The benefits of staking are as follows: 1. Users who stake LIT will gain eligibility to participate in the LLP (Lighter Liquidity Pool). For every 1 LIT staked, 10 USDC can be immediately deposited into the LLP. Existing LLP token holders are granted a two-week grace period (through January 28), during which they may retain their original funds. After this period, participation in the LLP will require continuous staking of LIT. 2. Tiered fee structures for market makers and high-frequency trading firms will also be adjusted within two weeks. Overall rates will increase, but staking LIT will qualify users for a fee discount, ensuring that the lowest fee tier remains at its current level. We will announce the specific details of the tiered fee structure several days in advance to allow trading firms time to adjust their algorithms. 3. Staking LIT will generate returns; the annualized yield will be announced immediately upon the feature’s launch. 4. Staking 100 LIT entitles users to zero fees on withdrawals and transfers.
Source:Odaily · Source Link
Disclaimer: This content reflects only the author’s personal views and does not constitute any investment or financial advice. If you discover any content that violates regulations,Click to Report
24H Trending
-
1
Hong Kong 'Lonely Heart' Scammed for $3.3M in Crypto Romance Investment Fraud; Malaysian Authorities Express Displeasure Over Blockchain Week After-Party's OnlyFans Scandal
-
2
Microsoft's stock is on a run not seen in 26 years, erasing its year-to-date losses
-
3
FBI Agent Accused of Stealing $1 Million in Crypto, Allegedly Used ChatGPT for Vacation Plans
-
4
Oil prices fell as U.S. President Donald Trump called off an attack on Iran, saying talks would resume on Monday.
-
5
TRX Latest Price $0.33: Will TRON Coin Still Be Worth Holding in H2 2026?
-
6
FIDA Token Value Potential Analysis: Its Role and Future Prospects in the Solana Name Service Ecosystem
-
7
SpaceX is tightening its supply chain to reduce Chinese influence, aiming to keep Chinese nationals and parts out.
-
8
JFI Coin: JackPool.finance Project Analysis and Market Performance Overview
-
9
OPPA Coin: Project Background, Market Status, and Potential Risk Warning
-
10
In-depth Analysis of CROISSANT Coin: Multiple Homonymous Projects Coexist, Investment Value and Risk Assessment
Markets Today
Recommended Reading







