CoinWires message: the lighter protocol releases an updated tokenomics framework, announcing that future repurchases of LIT will be permanently burned, with the first burn to be executed within a few weeks after the end of Q2. Since the TGE, the lighter protocol has repurchased approximately 15.5 million LIT, accounting for about 6.3% of the circulating supply. The source of staking rewards has been adjusted from pre-TGE revenue to remaining ecosystem tokens, with a targeted staking reward rate of 6% annualized. Based on the current staked amount of approximately 125 million LIT, about 7.5 million LIT will be allocated per year, funded from the remaining 250 million LIT. The lighter protocol treasury management will balance four priority areas: rewarding long-term stakers, reducing supply through burns, reserving tokens for partners and growth, and maximizing the long-term value for token holders.
