Decentralized perpetual contract exchange Lighter announces the launch of the LIT staking feature. Users need to stake the platform's native token LIT to provide liquidity to the Lighter Liquidity Pool (LLP). The staking to deposit ratio is 1:10 (1 LIT can unlock up to 10 USDC deposit). This rule has been effective for new users. Existing LLP deposit users will have a two-week transition period ending on January 28. After that, users who do not stake LIT will no longer be able to stay in the pool. (The Block)

LIT-6.72%
USDC-0.03%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)