Magic Eden is making waves in the Web3 space by introducing a sustainable, long-term reward model for its community. They have officially announced that 15% of the platform's total revenue will now be shared back with the ecosystem!


​The Breakdown: How it Works 📊


​Starting February 1, 2026, Magic Eden will take 15% of all revenue generated—including NFT trades, Swaps, and Packs—and split it into two powerful categories:



  • ​7.5% for Token Buybacks: The platform will use these funds to buy back ME tokens from the open market, creating constant buying pressure and reducing circulating supply.


  • ​7.5% for Staking Rewards: Token holders who stake their ME will receive rewards directly in USDC.


​Why This Matters:



  • ​Passive Income: Earn stablecoin (USDC) rewards just for holding and staking your tokens.


  • ​Deflationary Mechanics: The buyback program is designed to support the token's value over time.


  • ​Monthly Payouts: Rewards are distributed monthly, with the first payout for February activity coming in March.


  • ​Ecosystem Growth: This move transitions Magic Eden from just an NFT marketplace to a massive "Crypto Entertainment Platform."


​Magic Eden is setting a new standard for how protocols should reward their loyal users. If you're a ME holder, your patience is about to pay off! 💰


$ME

​#MagicEden #METOKEN #CryptoNews #Web3 #solana

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