Vladimir Novakovski: Lighter's economic value will flow towards tokens
Vladimir Novakovski, founder of Lighter, stated that all economic value generated by Lighter will belong to the token holders. Lighter has already converted its equity structure to a token structure during TGE, and the equity structure table no longer has any other functions. In the final round of equity financing before TGE, Lighter attracted over $300 million in funding intentions with a limit of $68 million. All equity stakeholders were informed that the equity value would be reflected in token shares and given the opportunity to exit, with less than 1% of equity holders ultimately choosing to sell.