PANews reported on December 28th that decentralized order book exchange Lighter is expected to undergo another upgrade in 12 hours. Announcements regarding its TGE token are likely to be released soon. In response to community reports of multiple large transfers of LIT tokens by the Lighter team, founder and CEO Vladimir Novakovski confirmed in a Twitter Space interview that these were unrelated to airdrops but rather for safeguarding funds allocated to investors and the team. He also revealed that a universal margin system will allow L1 assets to be used as collateral on Lighter, and a mobile app will be launched in the coming weeks.