2026-01-08 17:27:44

The token buyback plan for the Lighter project continues to progress. According to the latest financial snapshot, the project currently holds 283K LIT tokens and $1.6 million in USDC reserves. At the current price level of $3.10, this reserve scale provides ample room for subsequent market operations. The buyback mechanism, as one of the project's economic designs, aims to optimize the supply structure by regularly burning or repurchasing circulating tokens. Such measures are common in Web3 projects and reflect the team's commitment to long-term value preservation.

LIT0,22%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

24 Likes

Reward
24
8
Repost
Share

Comment

0/400

GateUser-bd883c58

· 9h ago

A reserve of 1.6 million USDC sounds quite sufficient... I just wonder if it will actually be used?

View OriginalReply0

TopEscapeArtist

· 15h ago

1.6 million USDC, what are you still hyping? At this price level, I think it's serious about bottoming out... If the technicals break below 3, it will be a warning sign.

View OriginalReply0

TokenVelocityTrauma

· 01-10 12:46

1.6 million USD hasn't made a splash yet. Is it true that this time it can hold up and avoid a dump?

View OriginalReply0

CryptoDouble-O-Seven

· 01-08 17:57

1.6 million USDC, that's quite a sum, but the key is when to take action. Honestly, buybacks are a common trick everyone is using; it all depends on whether they can really support the market. The price is stuck above $3; should I buy now or wait? Not sure. Buyback and burn might be more of a gimmick than actual effect, right? Holding 283K LIT feels quite conservative. It seems like everyone is just talking about promises; where is the real value of the token? They look wealthy, but the market has no significant movement, which is awkward.

View OriginalReply0

ZKProofEnthusiast

· 01-08 17:55

1.6 million USDC on hand, still insisting on buybacks? This is the project I believe in, not the kind that just blows hot air every day.

View OriginalReply0

RunWhenCut

· 01-08 17:54

1.6 million USDC reserve, is that all? Feels like the buyback potential isn't as big as I imagined.

View OriginalReply0

CoinBasedThinking

· 01-08 17:51

1.6 million USDC reserve, this move looks quite solid, just not sure when they'll actually put it in.

View OriginalReply0

ChainProspector

· 01-08 17:45

1.6 million USDC is still being accumulated; this move is indeed daring. I'm just worried that the price might drop again halfway through the buyback, which would be awkward.

View OriginalReply0