#TGE代币发行 Lighter TGE has 3 days remaining. This is the most noteworthy token issuance event at the end of the year. I’ve summarized the core information from the conference call.

First, token distribution: 25% of the total supply will be released in the initial airdrop, with an additional 25% reserved for future airdrops—meaning there will be second and third rounds. Investors are locked in for 3 years, which is very friendly to retail investors.

Here comes the key data: the current exchange rate of 1 point to LIT has not been announced yet, but seeing Justin Sun holding over 10,000 points shows how competitive this system is. Manual high-frequency trading isn’t considered wash trading, so accounts that interact seriously early on are safe.

What I care most about is the token empowerment plan. The official says they will fully empower LIT, with specific benefits still under community consultation, and future buyback arrangements. Additionally, after TGE, S3 will be launched to continue incentives, with a unified margin mechanism in Q1, plus development of a mobile app and prediction markets—this is a substantial workload, but the product ecosystem is expanding.

A risk warning: even if CEXs forcefully list the token, users won’t be able to withdraw immediately. This design is quite hardcore and effectively prevents market dumps. Wintermute’s analysis is also worth noting—Lighter TGE will directly reflect market risk appetite, and how the initial 25% tokens are absorbed will serve as a barometer of market sentiment.

There are only a few days left. Those with points should quickly verify their account security. If you missed out, don’t be disappointed—there will be more airdrop opportunities later.