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

PANews, January 19 — According to official sources, Magic Eden announced that starting from February 1, the platform will inject 15% of all its 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 evenly allocated: 50% will be used to buy back ME tokens on the open market, and 50% will be distributed to $ME stakers in USDC according to staking weight. This move will replace the previous buyback mechanism, which was limited to market revenue only. USDC rewards can be claimed monthly, with the first claim available in March. Rewards must be claimed within 90 days, otherwise they will expire.