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Decentralized perpetual contract platform Lighter has recently updated its platform mechanism. Want to provide liquidity in the Lighter Liquidity Pool (LLP)? You need to first stake the platform token LIT.
How exactly does it work? The staking ratio is set at 1:10—meaning staking 1 LIT unlocks a liquidity quota of 10 USDC. It seems that the participation threshold for liquidity providers has been significantly lowered.
This change takes effect immediately for new users, with no transition period. However, for existing users who already have deposits in LLP, the platform thoughtfully provides a two-week buffer period. The specific deadline is January 28—after which the new rules will be fully implemented.
This design actually balances two aspects: on one hand, it enhances the practicality of the token by staking LIT; on the other hand, it also strengthens the screening mechanism for liquidity providers. For users looking to deeply participate in DeFi, this is another new staking and mining opportunity.