New Incentive Model Drives Sustainable Growth
Magic Eden has unveiled a strategic shift to strengthen its ecosystem: starting February 1, 15% of platform revenue will be allocated to the ME token economy, aiming to boost long-term value and community engagement.
Two-Pronged Approach: Buybacks and Staking Rewards
The revenue share is evenly split:
- 7.5% funds open-market ME token buybacks to reduce supply and support price resilience;
- 7.5% is distributed in USDC to stakers based on their contribution weight, rewarding loyalty and participation.
This move enhances value accrual for token holders and reinforces trust in the platform’s future roadmap.
Empowering Users, Building a Thriving Ecosystem
By directly returning platform success to its users, Magic Eden is shaping a more inclusive and sustainable digital economy. Upcoming upgrades will expand utility for ME tokens in governance, access tiers, and revenue sharing, solidifying their central role in the ecosystem.