Lighter Founder: Will not implement a dual-track structure of "one set of tokens, one set of equity," as the value will only flow to the tokens.

Odaily Planet Daily reports that Vladimir Novakovski, founder and CEO of Lighter, stated during a Twitter Space interview with jez (@izebeleth) today that regarding the token’s value capture mechanism: “Our position is very clear. The value will ultimately be reflected in the token, and all investors participate under this premise. We adhere to a principle that the token will serve as the core alignment mechanism for all stakeholders—early users, the team, and investors are all in the same boat. There will be no dual-track structure where one set of tokens has a different value logic from equity; everything will revolve around the token.”