**[Lighter Tokenomics Update: All Future Buyback LIT Will Be Permanently Burned to Reduce Total Supply]** Lighter Protocol has released a tokenomics update, announcing that all future buyback LIT will be permanently burned to reduce the total supply of LIT. The first burn will be executed within weeks after the end of Q2. Since the TGE, the protocol has programmatically used exchange revenue to buy back approximately 15.5 million LIT, accounting for about 6.3% of the circulating supply. Regarding staking, previous staking rewards were supported by pre-TGE revenue. Starting today, rewards will shift to being supported by the remaining ecosystem tokens. The target staking yield is set at an annualized 6%. Based on the current staking volume of approximately 125 million LIT, around 7.5 million LIT will be distributed annually, sourced from the remaining 250 million LIT. The protocol stated that future treasury management will balance four priorities: rewarding long-term stakers, continuously reducing supply through token burns, reserving tokens for partnerships and growth initiatives, and maximizing long-term value for token holders.