2025-12-31 11:23:13

Perpetual Contract DEX Track Gets Big News Again. Recently, a Perp exchange called Lighter launched its native token $LIT, with an airdrop scale of directly smashing $675 million, causing quite a stir in the DeFi circle.

From the token distribution perspective, Lighter allocated half of the total supply to ecosystem participants, with 25% directly airdropped to users who participated in previous points seasons — 1 point equals 20 LIT. It sounds quite generous, but this is also the root of the trouble. Community opinions are polarized: one group applauds, saying this is a model of community friendliness; another group is furious, believing the distribution mechanism is not transparent at all and favors insiders.

What really makes people complain is the underlying design of the tokenomics. Critics argue that this model is fundamentally a "VC routine" — out of 50% of the tokens, 26% go to the team, 24% to investors, with an additional one-year cliff and a three-year linear unlock. This is completely different from truly community-driven models like Hyperliquid. Plus, Lighter adopting a C-Corp structure instead of a traditional foundation model has sparked concerns about regulation and centralized control.

This controversy perhaps reflects a common dilemma faced by current DeFi projects: is it to attract institutional funding and grow big, or truly make the community the core stakeholder? This question is not so easy to answer.

LIT-10.13%

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AllInDaddy

· 3h ago

It's the same old trick again, team VC gets half, community fans the screen.

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LazyDevMiner

· 3h ago

Another scam project, really thinking too highly of itself.

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pumpamentalist

· 3h ago

It's the same old VC cutting leek routine, really damn boring. The LIT airdrop looks generous but is actually just a trick; the key is the team and VC splitting half. Hyperliquid has long demonstrated what true community-driven projects look like, Lighter is the opposite example. The C-Corp structure is basically just afraid of regulation; power still needs to be concentrated in the hands of a few. Community participants are still happily claiming airdrops, unaware that they've become bagholders. I've seen this script too many times. The real issue is that DeFi is always swaying between money and trust. Who still believes in projects like this? Wake up.

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ApeDegen

· 3h ago

It's the old trick of VC cutting leeks again. The 675 million airdrop sounds impressive, but in reality, half of it was locked by their own people. This is outrageous. Compared to Hyperliquid, it's like comparing heaven and earth. Lighter's C-Corp structure really seems suspicious, feels like the regulatory risk is huge. 26% for the team + 24% for investors. Forget it, I'll wait for the next project. The community is too easy to fool. A few points exchanged for tokens as treasures, can't you see this is just air? If this pace continues, will there be any truly community-oriented projects in DeFi?

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BackrowObserver