Markets· ★★· bullish·

Lighter burns 2.45M LIT after $7.42M buyback in Q3

  • —Q3 buyback totaled $7.42 million for July through September
  • —2,452,017 LIT bought under the program were burned
  • —DeFiLlama did not disclose the methodology behind the figure
Why it matters: The supply cut could support LIT's price, though the effect depends on continued trading demand for the token.
Source: TokenPost