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NFT trading platform Magic Eden releases important ecosystem policy update. Starting from February 1st, the platform will allocate 15% of total revenue directly back to the ME token ecosystem—how will this money be distributed? Half will be used for ME buybacks, and the other half will be distributed to stakers in the form of USDC. The calculation of staking rewards is clear: it depends on how much ME you have staked and how long you have staked it, with earnings calculated based on these two dimensions. This effectively ties the platform's growth revenue directly to token holders, making it attractive for long-term stakers. The platform also stated that it will adjust the existing policy framework to make ME's use cases more diverse. Such measures reflect the increasing emphasis of mainstream NFT exchanges on token economic design, supporting token value through real income distribution.
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The longer you stake, the more you earn? I like this design, but I don't know what the actual APY can be.
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Buybacks and dividends again, does ME really lack liquidity or is it trying to rescue the market?
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Finally understood NFT exchanges, if the token isn't supported by real cash flow, it's just air.
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The spring for long-term holders? Let's wait and see, first need to observe whether the distribution is reliable.
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This operation is a bit like traditional listed companies paying dividends, but it's still rare in the crypto world... But don't get too excited too early.