Lightning启动LIT Staking Admission Mechanism: LLP Limit Tied to Staking Amount, Uncovered Portion Will Be Gradually Returned
BlockBeats News, January 29th, Lighter Official announced on social media that it is launching a new rule—users will need to stake LIT tokens to gain access to LLP.
For the portion of the LLP allocation that exceeds the staked LIT coverage (each LIT can cover 10 USDC), the official will gradually refund it to users. Starting tomorrow, a maximum of 3% or 100 USDC (whichever is higher) of the uncovered amount will be refunded daily, and the refund will be directly transferred to the account's USDC balance.
This mechanism aims to enhance the alignment of interests between LIT stakers and LLP holders. More importantly, the LLP allocation is now verifiable, and the relevant rules have been encoded into a 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 enhance the practical utility of LLP and staked LIT.
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