Tokemak Will Update Token $TOKE Emission Rules

LaaS protocol Tokemak will update its token $TOKE emission rules on April 13, reducing token emissions by 23% in the first phase, with the protocol liquidity provider (LP) rewards increasing 89% from 19,740 to 37,240 per week; the $TOKE stakers rewards increasing 29% from 68,600 to 88,340 per week. The $TOKE/$ETH pool LP rewards on SushiSwap is reduced by 20% from 93,100 to 74,480 per week. The $TOKE/$ETH pool LP rewards on Uniswap is reduced by 50% and will eventually be eliminated altogether. And the $TOKE/$ETH pool LP rewards on Curve is increased to 2,205 per week. It is said that when the first phase above is completed, the second phase will introduce a refined incentive structure that will allow users to earn rewards commensurate to the system revenue generated by the underlying directed liquidity.