Maple Finance ends SYRUP staking and adopts a buyback model
Jinse Finance reported that the Maple Finance community supports a proposal to terminate SYRUP staking and shift to an income-based token buyback model. According to this new plan, Maple Finance will stop providing staking rewards for SYRUP tokens and instead enhance token value through a project revenue-driven token buyback mechanism, aiming to achieve long-term stability and tie token value to the platform's actual business performance. According to data from Snapshot, the proposal (MIP-019) was announced on October 28 and has currently received support from over 91% of the Maple (SYRUP) community. The final vote will end on October 31.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Japanese dovish policymaker urges "slow down": Price increases are not driven by demand, rate hikes may drag down the economy and inflation
Toichiro Asada, a member of the Bank of Japan's Policy Board, stated that the central bank needs to remain cautious and closely monitor the impact of rate hikes on the economy, as rising interest rates pose the risk of suppressing the inflation trend.
Don't Be Misled by "Instant Purchase, Instant Access": Pro Series Zero Wait Has Been the Norm for Years, UBS Maintains Apple (AAPL.US) Target Price at $340
The waiting time for iPhone 18 Pro is approaching zero, and Duo deliveries are scheduled until the end of January. UBS maintains its forecast for iPhone revenue in the December quarter at $95.1 billions, representing a year-on-year increase of 11.5%.
Nvidia's "black swan" shakes up AI faith! Jensen Huang's controversy draws in U.S. Treasury bond buying, long-term U.S. Treasuries rise against the trend
After a brief holiday break, the US Treasury market has resumed trading, with long-term US Treasury prices rising slightly. The recent turmoil surrounding Nvidia has caused doubts about the main AI trading narrative, prompting safe-haven buying into US Treasuries.
Crypto prices
More
