Lighter has begun implementing a framework to grant LLP access through LIT staking, with approximately 56 million LIT staked to date. These steps are designed to align LLP access with staking activity and to improve capital efficiency for participants.
Under the new rules, each staked LIT covers an LLP cap of 10 USDC, and any LLP allocations beyond this coverage will be returned to users gradually. Starting tomorrow, up to 3% of any uncovered amount per day, and up to a maximum of 100 USDC, will be returned to the user’s USDC balance.
The company said the move aims to balance benefits between LIT staking holders and LLP holders, with LLP allocation rules verifiable and recorded on a ZK circuit. These measures are expected to improve capital efficiency, and in about two weeks traders will be able to collateralize LLP, expanding use cases for LLP and staked LIT.
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