Lighter has announced its token generation event (TGE) for late this year, revealing plans to airdrop 25% of the total token supply initially, with another 25% reserved for future airdrops. The project aims to fund token buybacks through protocol fees to bolster ecosystem growth. Founder Vlad has engaged with U.S. regulators and Robinhood, emphasizing the project's regulatory readiness. The token will not incur listing fees, and Coinbase has already added it to its roadmap. No hidden allocations or reward mechanisms were disclosed during the call with whale holders.