Lighter Founder's Latest Response on Token Issuance Progress: What Was Said
Lighter founder and CEO Vladimir Novakovski addressed key topics in a recent Twitter Space AMA. He confirmed the upcoming Token Generation Event (TGE) within three days and explained the recent Sybil account cleanup, emphasizing the use of data science methods like cluster detection. Users can appeal via a Discord form, though appeals have been fewer than expected. Vlad denied special privileges for large users like Justin Sun. A mobile app is set to launch soon with two modes and plans for seamless funding. The platform will start with stablecoins for universal cross-margin before expanding to other assets. Regulatory discussions in Washington revealed deeper understanding of DeFi and ZK tech. Partnerships with Robinhood for tokenized stocks and future on-chain fixed-income products are being explored. All investors and the team agree that value accrues to the token, not equity, avoiding a dual-structure model.
marsbit12/29 09:16
