Lighter.xyz, an Ethereum zk-rollup perpetual futures DEX, has reported that its data science team is in the process of filtering sybil accounts, self-trading and wash trading out of the Season 2 points program. The news, announced on Discord and promoted on X, is an indication of a powerful drive at equitable allocation before the issue of the $LIT token. Instead of incinerating the deleted points, Lighter.xyz will redistribute all points slashed to the real community members. This will incentivize actual users who contributed to authentic volume and liquidity, and disincentivize exploitative airdrop-style farming practices that tend to water down payments.
The post uses a new price of $4.1 of $LIT before the market opens, which has created speculation concerning the airdrop value. At 25 percent point allocation among total supply. These are the number of points taken out, the total amount outstanding on the market at TGE and the market conditions during listing. The rewards given to real users may increase tremendously with any increase in the number of slashed sybil points.
The latest snapshot of the Season 2 and the official percentage of token allocation. The schedule of the Token Generation Event are to as the key developments. With a more stringent enforcement, the holder base could be more well-balanced and the performance of the entity after launching would be more robust.
This action puts Lighter.xyz in the ranks of an increasing number of protocols that have a rather strict position against the manipulation of airdrop, a widespread problem in points-based campaigns. The team will focus on protecting the long-term health of protocols, and not the short-term hype, by focusing on data-driven filtering. The users who trade organically have also optimistically received the news since the redistributed points would directly help them. Meanwhile, it puts fear into aggressive farmers which may decrease the selling pressure upon launch.
