Lighter's LIT token dropped nearly 15% within 24 hours of the launch of its new staking program, falling to $1.85. The decline was attributed to sell-offs after the launch and overall market factors. The program allows stakers to earn rewards, including a deposit subsidy of 10 USDC LLP per staked LIT token and fee discounts. Currently, 31 million tokens have been staked.

LIT-2,03%
USDC0,01%
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