2026-01-06 01:27:28

Perpetual contracts have recently performed well for LIT, backed by Lighter's launch of an income buyback mechanism. It is reported that a well-known investor once allocated a 5% position at a low point.

Meanwhile, a leading exchange has launched a new project called BREV. This is a zero-knowledge proof infrastructure focused on verifiable off-chain computation, developed by a domestic team. From a fundamental perspective, BREV's total supply is set at 1 billion tokens, with approximately 25% currently in circulation, and it previously raised $7.5 million in funding.

Both projects are worth paying attention to, especially BREV as a foundational infrastructure project in the ZK track, which may present many opportunities in this market environment.

LIT-6,03%

BREV2,05%

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.

22 Likes

Reward
22
9
Repost
Share

Comment

0/400

RatioHunter

· 01-08 16:33

LIT's buyback mechanism is indeed impressive, but I'm more concerned about how much of that big shot's actual position has been built up. Is the BREV domestic team working on ZK? A 7.5 million financing isn't particularly extravagant, and with only 25% in circulation, it's a bit risky. Be careful of a potential dump later.

View OriginalReply0

GasWhisperer

· 01-08 01:32

lit's buyback mechanics hitting different rn... that 5% position timing feels like someone read the mempool before we did tbh

Reply0

LayerHopper

· 01-07 00:55

The low-position 5% holdings guy is back to show off again, this time it's LIT. BREV circulating supply is only 25%? Fine, let's wait for the unlocking wave to see. ZK infrastructure sounds good, but I'm just worried it's another scam to cut leeks. Lighter's buyback mechanism is actually quite impressive this time. 7.5 million in funding isn't small, but who in the crypto world has really looked into where the fundraising money goes? Not following the trend, I'll wait for the price to drop before considering.

View OriginalReply0

ChainSpy

· 01-06 20:24

The buyback mechanism is back again. Are you tired of this routine... BREV is quite interesting. It's still rare to see domestic teams working on ZK infrastructure. That 5% position in LIT sounds outrageous. Who would believe it? The ZK track does have opportunities this year, but the premise is that there must be real technology. A 25% circulation feels like a pretty big room for release. Be careful of a squeeze. Perpetual contracts won't last long; it still depends on the fundamentals.

View OriginalReply0

ImpermanentPhobia

· 01-06 01:57

LIT's recent surge is really exciting; the buyback mechanism is still effective. It's not surprising that a big investor bought the dip at a low point. We need to see how BREV performs after its launch. There is still room for growth in ZK infrastructure, but honestly, a funding of 7.5 million isn't considered a big move. Is the domestic team reliable? That's the key question.

View OriginalReply0

BlockchainDecoder

· 01-06 01:49

According to research, from a technical perspective, there are fundamental differences between these two projects—the repurchase mechanism of LIT is essentially an inflation hedge, while the ZK infrastructure value of BREV is indeed worth exploring further.

View OriginalReply0

GasFeeLover

· 01-06 01:43

The buyback mechanism is back, but the tricks are still the same. I'm paying attention to BREV, this infrastructure has real potential in the ZK track. Those with a 5% position at a low point are probably laughing now.

View OriginalReply0

RugDocDetective

· 01-06 01:41

The buyback mechanism is indeed being pushed forward, but how far LIT can go still depends on subsequent momentum. BREV sounds promising, ZK infrastructure has a large market, and the 7.5 million funding is decent. But why do projects with domestic teams always seem to encounter setbacks? That guy at the low point has quite a knack—5% is pretty aggressive. Is this round of ZK capable of taking over? It still feels a bit early to tell.

View OriginalReply0

MEVSandwichMaker

· 01-06 01:31

The buyback mechanism is back again, and retail investors are still the ones trapped.

View OriginalReply0