An interesting detail. According to data tracking, Jump Crypto has been providing market making for the Lighter project since mid this year, during which they received airdrop rewards totaling 9.285 million LIT, worth approximately $24.2 million. There's a subtlety here—of these, 324,000 tokens flowed into newly created wallet addresses, which usually indicates that these are directly earned as a result of specific market making operations. From another perspective, the 9.285 million LIT that Jump Crypto received is very likely a fee paid by the project team to incentivize continuous market making. This accounts for a significant portion of the total LIT supply and also reflects the project's emphasis on maintaining stable liquidity.

LIT3,47%
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ApeWithNoFearvip
· 7h ago
Jump Crypto's approach is indeed top-notch, indirectly giving away money while claiming to incentivize market making.
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DefiOldTrickstervip
· 7h ago
Haha, 24 million just got free-rolled like that. I used to lose blood doing market making before. --- Jump played this hand perfectly, treating airdrops as market fees and saving directly. Smart people do this. --- 9.28 million LIT, called incentives in a nice way, but basically the project team is burning money to maintain fake liquidity. --- This is what real arbitrage opportunity looks like. Why didn't I see it earlier? --- Wait, this logic is toxic—The project pays market-making fees, market makers dump the price, and retail investors end up holding the bag? Classic套路. --- I've seen this play out ten years ago. Switch to another coin and keep the show going, haha.
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GweiWatchervip
· 7h ago
Jump Crypto's move is impressive, with a $24 million airdrop incentive, which shows how much they value liquidity... However, that new wallet address with 324,000 LIT does seem a bit interesting, feels like they've been seen through.
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RektDetectivevip
· 7h ago
Jump Crypto's move is incredible; they airdropped over $24 million just to stabilize liquidity. The project must be really lacking in popularity.
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GateUser-e319d447vip
· 7h ago
coin trash
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FreeMintervip
· 7h ago
Jump this move is really brilliant, 9.285 million LIT directly thrown to market makers... This is the true "incentive" --- $24 million airdrop, turns out it's the project's "buy-in" for liquidity --- The part of the new wallet's direct earnings is quite impressive, this is the hidden cost of market making --- LIT's total supply being taken up this much, the project is really afraid of insufficient liquidity --- So, the trick of big projects is like this, what seems like an airdrop is actually a cost transfer --- 9.285 million... the proportion is quite fierce, indicating that Lighter is really willing to put in the effort for market makers
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