July 6, 2026·Bullish·tokenomics

LIT Token Partners with Robinhood, Burns Supply

The LIT token team announced a partnership with Robinhood, a shift to deflationary tokenomics through a burn mechanism, and an investment from former Fed Chair Kevin Warsh. The founder has joined the CFTC advisory committee.

Detected & updated continuously · Source: Ruma

Mentioned

Lighter (lit)

@RobinhoodApp

@CFTC

Sources

@Yaki_fomoArt

been talking $LIT the only $HYPE beta play but ngl wasn't ready for the team's arc lately > partnership with robinhood > tokenomics went full burn-mode > fed chair Warsh investin in Lighter > founder joined CFTC's innovation advisory committee > Harvard at 16, poached by https://t.co/Wkfn8PYjHz