airdrop recipients could've dumped en masse but instead 52M of the 250M staked $LIT came from them
think about that. that's 20% of circulating supply of Lighter's token locked up, unlocking 100M more in potential LLP deposits (1 LIT staked = 10 USDC capacity)
grace period ends today, Jan 28 - after that you need LIT staked to deposit funds to Lighter Liquidity Provider, with 24h unstake period allegedly coming too but no official word yet
airdrop holders going this hard shows real belief in what's next