Magic Eden announces new mechanism: 15% of platform revenue injected into ME ecosystem, launching staker reward program

TokenSherpa · 2026-01-19T15:40:09+00:00

Magic Eden officially announced that starting February 1st, 15% of revenue will be invested into the ME token ecosystem, divided equally to be used for ME token buybacks and USDC rewards for ME stakers. The new mechanism will replace the old buyback plan, allowing stakers to claim USDC monthly, but they should note the 90-day claiming period. This initiative aims to incentivize long-term holding and staking users to share in the platform's growth benefits.

TokenSherpa

2026-01-19 15:40:09

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【Crypto World】Magic Eden officially announces an important adjustment. Starting from February 1st, 15% of the platform’s revenue will be directly invested into the ME token ecosystem. How is this money distributed? It’s simple, split 50/50. Half will be used to buy back ME tokens on the market, and the other half will be distributed to ME stakers in the form of USDC according to their staking weight.

This new mechanism replaces the previous buyback plan that only targeted trading market revenue. Stakers can claim USDC rewards every month, with the first claim window opening in March. However, note that — rewards have a 90-day claim period, after which they expire.

In short, this is Magic Eden strengthening incentives for the token ecosystem, allowing long-term holders and stakers of ME to truly share in the platform’s growth benefits. For ecosystem participants, this is a positive development.

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AirdropHunterKing

· 10h ago

Wow, 15% revenue split half for buyback and half for stakers? I’ve seen this trick before, it’s just to prevent token devaluation by holding firm. The key is that 90-day period—what is it preventing? Is it to stop arbitrageurs from cashing out all at once and crashing the price? I need to carefully check how much ME I still have in my wallet...

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SellLowExpert

· 10h ago

Finally, there's some sincerity. Staking ME allows you to earn USDC, which is much better than just buybacks before. Wait, a 90-day deadline? Isn't this a disguised way to cut rewards... ME holders are probably going to rush again. Be mentally prepared. Regarding staking weight distribution, small and medium-sized accounts are going to be crushed again. The promised 50/50 split—can it really be evenly distributed? I have a feeling there's a lot of water in it. But on the other hand, at least the platform is willing to allocate 15% of its revenue, which is a hundred times better than those air projects.

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ColdWalletGuardian

· 10h ago

Evenly split? This move is okay, but the 90-day term is a bit short. Those with a poor memory might end up losing out.

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LiquidityOracle

· 10h ago

Finally, a platform is willing to share real money with token holders, either as a trick or as progress. Now staking ME is truly interesting, with the feeling of receiving USDC every month. Gotta figure out how to claim before March, this 90-day expiration trick is a bit harsh. Buyback + dividends, a dual approach, I believe in this logic. Staking weight determines rewards? Now I need to study how to maximize it. The ME ecosystem's recent moves are on the right track, finally giving us token holders hope.

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