2026-01-06 01:05:27

Lighter project officially announces the launch of a token buyback plan. According to on-chain data, the project has begun market repurchases of the LIT token using fees generated through the protocol. The latest treasury data reveals that approximately 180,526 LIT tokens have been repurchased and stored. Based on the current price, the holdings amount to about $540,000. This move reflects the project's ongoing commitment to ecosystem development and is a common strategy to enhance token liquidity management.

LIT-5,97%

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SchroedingerMiner

· 01-08 19:17

A buyback of 540,000, sounds pretty solid, but it depends on how they proceed afterward.

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screenshot_gains

· 01-08 16:19

Buying back 540,000 tokens is indeed interesting, but I wonder how they will handle these coins later.

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BearMarketMonk

· 01-08 16:16

Repurchasing 540,000 sounds quite spectacular... but it's like painting the cabins on a sinking ship; it doesn't change the fundamental issue.

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InscriptionGriller

· 01-06 01:34

Hmm... $540,000 buyback? Bro, with this move, it shows you're not confident. If the ecosystem is really good, why would you need to rely on harvesting your own tokens?

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LayerZeroHero