[DigitalToday reporter Chi-gyu Hwang (황치규)] Decentralised exchange Litter unveiled new tokenomics.
Litter will permanently burn about 15.5 million LIT tokens secured through program buybacks. That equals 6.3 percent of circulating supply. The first burn is scheduled for a few weeks after the close of the second quarter of 2026.
It will also change the funding source for staking rewards. Previously, rewards were paid from initial revenue, but going forward they will be paid from an ecosystem token reserve. The initial target annual staking yield is 6 percent. Given that about 125 million LIT tokens are currently staked, about 7.5 million tokens will be paid out as rewards each year.
Earlier, Litter disclosed its entire platform code and architecture ahead of the token launch.
Through the code disclosure, Litter explained the structure of all order, cancellation and liquidation procedures and highlighted "transparency" as a key differentiator.
Chi-gyu Hwang (황치규)
delight@d-today.co.kr