Lighter Protocol's token buyback progress has arrived. According to the latest update, the project team currently holds 475K $LIT tokens and $1.5 million in $USDC stablecoins as buyback funds reserves. As of the time of publication, the trading price of $LIT is $2.60. Interestingly, the token experienced a price correction the previous day. Many traders exited at this point, while other investors are observing how the subsequent buyback actions will unfold. This transparent disclosure of funds allows the community to have a more intuitive understanding of the project team's execution capability. For participants who are long-term optimistic about the Lighter ecosystem, sufficient buyback funds reserves and ongoing buyback commitments are usually seen as signals that the project team is confident in its fundamentals.