[Lighter to Redistribute Witch Account Points and Eliminate Dual Token/Equity Structure]
On December 28, Lighter founder and CEO Vladimir Novakovski stated in a community Space that witch account points will be redistributed to eligible traders. The anti-cheating algorithm uses data science and clustering methods to identify witch accounts and includes an appeal mechanism, allowing users to appeal through a built-in form on Discord. The algorithm's details will not be disclosed to prevent targeted optimization. Lighter is confident in the judgment results, but users can appeal in case of misjudgment.
In addition, the large token transfers to trading platforms are unrelated to airdrops and are intended to safeguard the allocation for investors and the team. In the future, the dual token/equity structure will be eliminated, with the goal of accumulating value into the token.