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Magic Eden: Starting from February 1st, 15% of all revenue will be directly injected into the ME token ecosystem.

2026-01-19 15:15:03

ME-2.51%

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.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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