Lighter founder's latest response on token issuance progress, what did they say

Title: Lighter Founder’s Latest Response on Token Launch Progress: What Was Said

Author: Rhythm Little Worker

Source:

Repost: Mars Finance

Yesterday morning, Lighter founder and CEO Vladimir Novakovski held an in-depth Q&A on Twitter Space.

In line with the previous promise to complete TGE this year, Lighter aims to finalize the TGE during the final 3-day countdown. Meanwhile, a recent round of witch account cleanup by Lighter caused some users to lose their accumulated points, sparking intense discussions on Discord and Twitter.

This AMA came at the perfect time. During the hour-long conversation, Vlad personally addressed rumors about “Justin Sun having special point rules,” the witch detection algorithm and appeal process. He also shared updates on regulatory dialogues in Washington, potential collaborations with Robinhood, and Lighter’s next steps.

TL;DR:

1. Regarding the point reduction a few days ago, Vlad explained that the team used extensive data science methods (including clustering detection) to identify fake accounts. The quantitative team worked on this for several weeks. Users who were mistakenly penalized can appeal via Discord’s appeal form, but the number of appeals has been surprisingly low so far;

2. Lighter’s algorithm does not include any privileged point system for large accounts;

3. The mobile app will be released within a few weeks, offering both professional and light modes, with plans to enable seamless deposits. The general account margin will start with stablecoins and gradually expand to ETH, BTC, and native tokens;

4. Vlad revealed that the team had regulatory dialogues in Washington, and government agencies have a deeper understanding of DeFi and ZK technology than expected. Lighter is exploring tokenized stock collaborations with Robinhood and plans to launch on-chain fixed income products in the future;

5. All investors and the team agree on the concept that “Lighter’s value accumulates in tokens rather than equity,” and there will be no dual structure with both tokens and equity.