- Buy Crypto
- Markets
- Futures
- Spot
- Copy Trade
Earn- More
Lighter has launched the LIT Staking feature, allowing users to stake 100 LIT to waive withdrawal and transfer fees.
BlockBeats News, January 15th, Lighter officially announced that users can now stake the LIT token on the platform and enjoy multiple benefits:
· For every 1 LIT staked, users can deposit 10 USDC to the LLP and start earning immediately. Existing LLP users will enjoy a two-week grace period until January 28th, after which staking LIT will be a requirement to continue depositing.
· The staking mechanism will enhance the alignment of interests between LIT holders and LLP users, optimize LLP's risk-adjusted returns, and will also be extended to other public pools in the future, achieving the democratization of on-chain hedge funds.
· Transaction fees for market makers and high-frequency trading firms will be adjusted within two weeks, generally increased, but staking LIT will provide a discount, keeping the minimum fee rate at the current level; retail trading will remain free.
· Staking LIT will generate income, with initial returns coming from staking rights granted to advanced users. The APR will be announced after activation.
· Additional benefits: Staking 100 LIT will waive withdrawal and transfer fees, and staking functionality for mobile users will be launched soon.
· Early participants can unlock a 1.3× points multiplier, improve their ranking on the leaderboard, and receive future LIT rewards, with the "Founding User" status limited to early participants only.
You may also like
Trump Says He Was Unaware of $500M UAE Investment in World Liberty Financial
Key Takeaways: US President Donald Trump denied knowledge of a $500 million UAE investment in World Liberty Financial.…
Crypto Industry and Banks at a Stalemate Over Stablecoin Yield Deal
Key Takeaways The White House has urged a compromise on stablecoin yields to progress Senate crypto legislation. Crypto…
Why Vitalik Buterin Sold Over 700 Ethereum (ETH) Despite Market Recovery
Key Takeaways Vitalik Buterin sold over 700 Ethereum not for market reasons but to finance long-term projects. The…
Binance Withdrawals Restored Following Temporary Disruption
Key Takeaways Binance faced technical difficulties affecting withdrawals, but services were quickly restored within 20 minutes. The disruption…
Asian Markets Stabilize as Bitcoin Trades Around $78K
Key Takeaways Bitcoin steadies at approximately $78,000 as Asian markets recover from recent volatility. Regional equities, including Japan’s…
Bitcoin Price Prediction: The Warsh Shock & The Stablecoin Summit—Is the Bull Case Dead?
Key Takeaways Kevin Warsh’s nomination as Federal Reserve Chair has caused a drop in liquidity for riskier assets,…
White House Continues to Negotiate Over Crypto Market Structure Bill
Key Takeaways The White House is pushing for a compromise on the contentious issue of stablecoin yields in…
Billionaire Michael Saylor’s Strategy Acquires $75M More Bitcoin – Is This a Bullish Sign?
Key Takeaways Michael Saylor’s Strategy has expanded its Bitcoin holdings by purchasing an additional 855 BTC for $75.3…
Polymarket Bettors Assign Over 70% Probability of Bitcoin Dropping Below $65K — Are They Correct?
Key Takeaways Polymarket users predict Bitcoin has a 71% chance of falling below $65,000 in 2026, reflecting market…
CFTC Regulatory Shift Could Unlock New Growth for Coinbase Prediction Markets
Key Takeaways Newly appointed CFTC Chair, Michael Selig, aims for a unified federal oversight approach for crypto-linked prediction…
We Hacked Perplexity AI to Predict the Price of XRP, Bitcoin, and Ethereum By the End of 2026
Key Takeaways Perplexity AI predicts XRP may soar to $8 by 2026, fueled by legal victories and supportive…
Current Crypto Price Predictions: An In-Depth Analysis of XRP, Dogecoin, and Shiba Inu
Key Takeaways XRP, Dogecoin, and Shiba Inu are experiencing significant price declines amid geopolitical uncertainties and general market…
Pepe Coin Forecast: Price Appears Dismal, Yet Savvy Investors Rally Behind the Scenes
Key Takeaways Pepe Coin has experienced significant price drops, yet indicators suggest it may soon bottom out, with…
BitMine Reports 4.285M ETH Holdings, Expands Staked Position With Massive Reward Outlook
Key Takeaways BitMine Immersion Technologies has reported significant crypto holdings valued at $10.7 billion. The company’s Ethereum holdings…
Crypto Exchanges’ Stock Plunge 60% as Trading Volumes Dwindle – Is the Decline Ending or Just Beginning?
Key Takeaways Trading volumes on major crypto exchanges have drastically fallen, with a nearly 90% drop from October…
Best Crypto to Acquire Now February 2 – XRP, Solana, Ethereum
Key Takeaways Recent market turmoil saw Bitcoin plunge dramatically, affecting all major cryptocurrencies. XRP, Solana, and Ethereum are…
Ethereum Price Prediction: Top ETH Bulls Face $7.6 Billion in Paper Losses as Price Drops Below $2,400
Key Takeaways Ethereum has faced a downturn, dropping 19% below $2,400, resulting in significant paper losses for major…
Shiba Inu Price Prediction: SHIB Just Crashed to a 3-Year Low – Is SHIB Heading Towards Zero?
Key Takeaways Shiba Inu has recently hit a significant low, experiencing a 15% drop that places it at…
Trump Says He Was Unaware of $500M UAE Investment in World Liberty Financial
Key Takeaways: US President Donald Trump denied knowledge of a $500 million UAE investment in World Liberty Financial.…
Crypto Industry and Banks at a Stalemate Over Stablecoin Yield Deal
Key Takeaways The White House has urged a compromise on stablecoin yields to progress Senate crypto legislation. Crypto…
Why Vitalik Buterin Sold Over 700 Ethereum (ETH) Despite Market Recovery
Key Takeaways Vitalik Buterin sold over 700 Ethereum not for market reasons but to finance long-term projects. The…
Binance Withdrawals Restored Following Temporary Disruption
Key Takeaways Binance faced technical difficulties affecting withdrawals, but services were quickly restored within 20 minutes. The disruption…
Asian Markets Stabilize as Bitcoin Trades Around $78K
Key Takeaways Bitcoin steadies at approximately $78,000 as Asian markets recover from recent volatility. Regional equities, including Japan’s…
Bitcoin Price Prediction: The Warsh Shock & The Stablecoin Summit—Is the Bull Case Dead?
Key Takeaways Kevin Warsh’s nomination as Federal Reserve Chair has caused a drop in liquidity for riskier assets,…
App