#空投奖励 The details of the Lighter TGE are basically clear, with several key data points worth noting:

**Airdrop Mechanism**: 25% of the total supply is directly sent to the wallet without lock-up, which is a solid positive—no manual claim required reduces interaction risk, and it also means token holders can be certain of their airdrop eligibility. The second season's token allocation has been completed, and the team’s wording hints that Season 3 may be synchronized with TGE, with further opportunities to follow.

**Token Distribution Structure**: 50% allocated to the community, which is relatively high. Coupled with the buyback mechanism, this indicates the team has considered liquidity and price stabilization in their design. The specific buyback amount is not yet determined, which is a variable to watch and follow up on.

**Trading Path**: Initially, LIT will only be traded on Lighter. Coinbase and Bybit are on the roadmap but not yet paid for—this means there will be a time gap before listing, and early liquidity may face pressure. However, the possibility of institutional pre-positioning cannot be ruled out.

**Risk Warning**: Clarifications on NFT rumors and denial of Meme coin airdrops indicate community interest remains high, but project team controls the narrative tightly. This attitude is beneficial for valuation stability but also limits speculative space.

Current signals point to clear fund flows by 2025. It is recommended to closely monitor on-chain data changes and large holder movements leading up to TGE.