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Magic Eden: Starting from February 1st, 15% of all revenue will be directly injected into the ME token ecosystem.
GateNews
PANews January 19 News, according to official sources, Magic Eden announced that starting from February 1, the platform will inject 15% of all revenue directly into the ME token ecosystem to establish long-term value sharing between the platform and the ecosystem. This portion of revenue will be distributed equally: 50% will be used for open market repurchases of ME tokens, and 50% will be distributed to $ME stakers in USDC based on staking weight. This move will replace the previous repurchase mechanism limited to market revenue. USDC rewards can be claimed monthly, with the first claim opening in March. Rewards must be claimed within 90 days; overdue claims will expire.
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