Lighter launches LIT staking access mechanism: LLP quota is tied to the staking amount, and the uncovered portion will be gradually returned

Lighter officially announced on social media that it is launching a new regulation—users must stake LIT tokens to gain access to LLP.

For the portion of the LLP allocation that exceeds the coverage provided by staked LIT (each LIT can cover 10 USDC), the official will gradually refund users. Starting tomorrow, up to 3% or 100 USDC (whichever is higher) of the uncovered amount will be refunded daily, and the refunded funds will be directly credited to the USDC balance of the account.

This mechanism aims to enhance the alignment of interests between LIT stakers and LLP holders. More importantly, the allocation of LLP is now verifiable, and the relevant rules have been encoded into the zero-knowledge proof (ZK) circuit.

The official stated that in two weeks, traders will be able to use LLP as collateral. This will significantly improve the capital efficiency of the Lighter platform and further promote the practical utility of LLP and staked LIT.