Today· 10 JulTokenomics

15.5M Token Burn

Medium6.0

Description

Lighter burns ~15.5 million LIT tokens purchased through exchange revenue buybacks accumulated through end of Q2 2026, reducing circulating supply by approximately 6.3%.

Why it matters

Lighter burns roughly 15.5 million LIT tokens (~6.3% of circulating supply) purchased through exchange revenue buybacks accumulated through end of Q2 2026, delivering a concrete, dated supply reduction. The burn is a direct, measurable tightening of token supply, but it executes an already-standing buyback-and-burn policy rather than introducing a new tokenomics commitment, keeping the re-rate contained but real.

Proof

Source
x.com
Added to CoinMarketCal
10 Jul 2026
Last updated
Today