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.
◆ Linked coin (1)
◆ Proof
- Source
- x.com
- Added to CoinMarketCal
- 10 Jul 2026
- Last updated
- Today
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