Lighter officials posted on social media stating that they are launching a new regulation — users need to stake LIT tokens to gain access to LLP.

For the portion of the LLP allocation exceeding the coverage of staked LIT (each LIT can cover 10 USDC), the officials will gradually return it to users. Starting tomorrow, up to 3% or 100 USDC (whichever is higher) of the uncovered amount will be returned daily, and the returned funds will be directly credited to the account's USDC balance.

This mechanism aims to enhance the alignment of interests between staked LIT holders and LLP holders. More importantly, the LLP allocation amount is now verifiable, and the related rules have been encoded into zero-knowledge proof (ZK) circuits.

Officials stated that in two weeks, traders will be able to use LLP as collateral assets. This will significantly improve the capital efficiency of the Lighter platform and further promote the practical utility of LLP and staked LIT.