avatar

LooksRare is About to Launch Token Reward Production Reduction

TokenInsight news, LooksRare is about to launch a token reward reduction. Officials said that the first phase of $LOOKS distribution will be completed soon, and the second phase will start from block 14172012. The $LOOKS awards issued by each block will be reduced from 800 to 380, including transaction awards from 441 to 209.475 and staking awards from 189 to 89.775. In addition, LooksRare expects to reallocate 2.66 million $LOOKS to Uniswap V3 on February 15.
Source

NFT

In This Article

Related News
Quantum Cats NFT floor price plunges 54% post-Taproot Wizards mint Quantum Cats NFT floor price plunges 54% post-Taproot Wizards mint
Blur’s decline fuels OpenSea’s market share surge amid broader NFT struggles Blur’s decline fuels OpenSea’s market share surge amid broader NFT struggles
Sony’s Soneium debuts its first music NFT collection with crypto record label Sony’s Soneium debuts its first music NFT collection with crypto record label
Arbitrum, Azuki-backed Animecoin unveils tokenomics with over 50% community allocation Arbitrum, Azuki-backed Animecoin unveils tokenomics with over 50% community allocation
Trump’s fourth NFT collection logs sales over $2 million, not tradable on secondary markets until 2025 Trump’s fourth NFT collection logs sales over $2 million, not tradable on secondary markets until 2025
Latest News More More
1 Day Ago Sei community weighs proposal to deprecate native Cosmos accounts, move to EVM-only model
2 Days Ago Ethereum developers activate Pectra upgrade with 11 changes to improve UX, validator ops and Layer 2 scaling
3 Days Ago Solana validators patch zero-day bug that could have led to unlimited minting of certain tokens
3 Days Ago Riot Platforms sells mined bitcoin for first time since January 2024, nets $38.8 million
April 29 Circle secures in-principle approval to operate as money services provider in Abu Dhabi

About TokenInsight

Services

Products

Support

Google Play
Google Play
Google Play
2018 – 2023 © TokenInsight Ltd. All rights reserved
Disclaimer Terms of Service Privacy Policy
delate
Use TokenInsight App All Crypto Insights Are In Your Hands
Open