Lighter founder confirms that the recent large LIT token transfer is unrelated to the airdrop, and the app may launch in the coming weeks.

According to TechFlow, on December 28, the decentralized order book exchange Lighter is expected to undergo another upgrade in about 12 hours, and announcements regarding the token TGE and other updates may be released soon. In response to the community's discovery of several large LIT token transfers previously made by the Lighter team, founder and CEO Vladimir Novakovski confirmed in a Twitter Space interview that these transfers are unrelated to the airdrop and are instead for the safekeeping of funds allocated to investors and the team. Additionally, he revealed that the universal margin system will allow L1 assets to be used as collateral on Lighter, and that a mobile app will be launched in the coming weeks.