#新币发行与空投 Recently, I found something interesting. Lighter has actually started using protocol fees to buy back its own token LIT? 😲 In just a short period, they have repurchased over 180,000 tokens, worth $540,000! What kind of operation is this?

I heard that new tokens often go to zero after issuance, but seeing the project team "self-rescue" like this is quite surprising. Does this mean they are supporting the token price with real actions? Or is this a common operational tactic? For newcomers like us, does seeing the project team take such actions make us feel more assured?

Can an experienced person explain what exactly is the purpose of this fee buyback? Is it similar to stock buybacks in the stock market? Overall, it seems that Lighter is quite confident in its own token. Should this signal be considered positive for token holders? 💭