Recently, the progress of the Lighter project has attracted considerable attention. According to disclosures by the market lead in the AMA, the project plans to launch TGE and airdrops in 2025, with the airdrop accounting for 25% of the total token supply. More notably, this portion of tokens will have no lock-up period restrictions and can be transferred directly to user wallets. This approach is relatively rare in the way projects distribute tokens.

In terms of token allocation, Lighter will allocate 50% of tokens to the community and introduce a buyback mechanism. This design logic points to a clear direction: benefiting users involved in the ecosystem. A major exchange has already included it in its listing plan, but the project team stated they will not pay fees for listing, which somewhat reflects their confidence in the product itself.

From a market perspective, such incentive policies typically attract increased community attention, and the buyback mechanism can theoretically support the token's value. Considering that the project is still developing a mobile application, if it can eventually approach the user experience of centralized exchanges, it might carve out a niche in a specific segment. However, it is important to note that the current cryptocurrency market remains volatile, and positive news for a single project may only generate short-term localized hype. A rational attitude is still necessary.

From an participation standpoint, first, continuously monitor the project's community activities and tokenomics details to ensure you do not miss key participation opportunities. Second, if optimistic about the project's prospects, consider making moderate investments at reasonable price points, but avoid excessive concentration of risk. Third, always keep an eye on the overall market situation; blindly chasing trends can lead to pitfalls. A systematic risk management framework is crucial for long-term stability of returns.