What is Light (LIGHT)?

TLDR Light (LIGHT) is a deflationary token powering Heaven, a Solana-based decentralized exchange (DEX) and launchpad, designed to align protocol success with token value through a unique revenue-recycling mechanism.

1. Native utility token for Heaven’s ecosystem, enabling governance and fee-driven buybacks
2. Programmatic deflation via 100% protocol revenue directed to real-time token burns
3. Solana-native infrastructure supporting memecoins and projects through its AMM and launchpad

Deep Dive

1. Purpose & Value Proposition

LIGHT’s core innovation is its “god flywheel” – a self-reinforcing system where 100% of Heaven’s revenue (from trading fees and project launches) automatically buys and burns LIGHT tokens. This creates reflexive demand: as the platform grows, more fees accelerate token scarcity. Unlike typical buyback models, this process executes in real time, directly linking protocol activity to token economics.

2. Technology & Ecosystem

Built on Solana, Heaven operates as a dual-purpose platform:
- AMM (Automated Market Maker) using constant-product formulas for swaps
- Launchpad for token projects, with LIGHT as the inaugural asset
The ecosystem incentivizes project launches through aligned revenue sharing, where new tokens benefit from Heaven’s buyback infrastructure while contributing to LIGHT’s burn rate.

3. Tokenomics & Governance

LIGHT’s supply mechanics prioritize deflation:
- Initial circulating supply: ~60% at launch (per ICO structure)
- Continuous reduction via burns funded by 100% protocol revenue
- Governance rights allow holders to vote on fee structures and platform upgrades, though details remain under development.

Conclusion

LIGHT represents an experiment in reflexive tokenomics, where platform usage directly fuels token scarcity. While its Solana-based infrastructure provides technical grounding, the model’s sustainability hinges on maintaining high protocol revenue. Could this real-time burn mechanism set a new standard for DeFi token alignment, or does it amplify volatility risks in market downturns?