Lighter CEO Vladimir Novakovski has outlined the company's upcoming launch plans and token distribution strategy. Spot trading is set to begin in late October or early November, featuring ETH and BTC, with potential inclusion of WBTC. The platform will offer zero or low trading fees initially, expanding to include Meme coins and partner tokens. Cross-margin functionality and RWA derivatives are expected by year-end, while EVM extensions and options trading are slated for next year.
The token economics model includes a 50% community allocation, with 25%-30% designated for airdrops in the first two seasons. The platform will implement a buyback mechanism and governance rights will be introduced in approximately two years. Measures to prevent fraudulent trading are in place, and high-frequency traders may incur fees. Novakovski anticipates market volatility in the coming weeks and advises enhanced risk management.
Lighter CEO Announces Launch Timeline and Airdrop Details
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