Bankless founder: Regrets not buying more LIT

According to Odaily, Bankless co-founder David Hoffman posted on X expressing regret for not buying more Lighter (LIT).

Hoffman explained that the logic behind investing in Lighter is very simple:

1. Exchanges have always been the best business model in the crypto industry;

2. Perpetual contracts are still a completely new sector and are far from mature;

3. Building exchanges based on zkL2 is currently the most optimal structure, offering high security, low operating costs, and high profit margins;

4. The product itself is also the strongest in the market, with the lowest latency, lowest execution costs, and complete transparency;

5. The engineering team is highly skilled and has solved all technical challenges;

6. The company is headquartered in the United States and operates compliantly, and this market is still a largely untapped blue ocean;

7. It is also essentially an option bet on the "tokenization of compliant assets";

8. The founder Vlad is in the right circles, knows the right people, and has the ambition to do great things.