Bitduke
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useful to remember where we came from and keep some perspective (and be grateful)
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small correction to be more precise: anyone can verify Lighter's proofs and audit the verifier contract code
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Lighter team just deployed a new contract to Ethereum mainnet. nope, this isn't airdrop-related, it's for something even bigger they announced will drop this week: circuits (the contract is literally named ZkLighterVerifier) now anyone can verify Lighter's zk-circuits and audit
ETH-1.04%
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and just 3 days ago, Lighter hosted another community meetup in Miami, open air, pier , seems like classic Miami experience. top-tier lit vibes all around, you could really feel it even through the screen
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think Lighter community events have stopped? wrong! they're still happening. just two days ago another one brought together 28 Lighterooors from 8 different cities (take a look at the venue - crazy lit!) in Türkiye, the energy was totally there
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Larry Fink, CEO of BlackRock, recently wrote in an op-ed advocating for a regulatory framework to connect the stock and cryptocurrency markets Lighter perfectly serves as the kind of bridge he described
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the most interesting part that many seem to have missed (probably only a few people read the full post), Lighter's circuits are expected to go public this week and that's huge! for those not super familiar with zk-tech, "circuits" are the cryptographic rules used to generate ZK
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alright, this is happening, just saw the official post in Lighter's Discord "we're in the final stretch of Season 2, and are running data checks to catch sybils, self-trading, and wash-trading. all slashed points, even the ones already removed, are getting redistributed back to
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can try it here
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you can now trade LIT-USDC hyperps on Hyperliquid looks like the most liquid market among all current Lighter premarkets, with $12M+ volume in just 2 hours and $7M OI and this is just pre-market (!) for LIT, price is holding above $4
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as Lighter's tge approaches, a lot of people are trying to guess the "right" starting fdv for $LIT, but before anchoring on a number, it really helps to understand what you're actually valuing i'd strongly recommend reading (or at least skimming a summary via an llm, it's 2025
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Lighter community events keep spreading worldwide, and Shenzhen was the latest stop! from small groups to full tables, whether you're early, active, or just lurking in chats, the community is clearly heating up, thanks @0Xlynn03 for the recap tge is getting closer by the day,
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so today's Lighter network upgrade turned out to be pretty interesting! as many of you have seen, there's now an airdrop form you can submit. it lets you send your airdrop to different Lighter addresses, but it's totally optional, if you don't do anything, you'll just get 100%
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the closer we get to the Lighter TGE, the more interesting it gets. i was really skeptical at first about the Dec 29 pumped date on polymarket, but with how things are unfolding, i'm starting to watch it more closely earlier today, senioritafrogga suddenly popped up on
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another Lighter competitor, extended, just listed pre-market $LIT (mark and index prices are based on exponentially weighted averages from the order book), now available to trade with up to 3x leverage price's hanging around $3.5 (\~$3.5B FDV) so it looks like ALL the
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