Avalanche Foundation distributes 10,000 AVAX as rewards for Memecoin Rush's first week of unilateral staking program
Trader Joe has announced that the Avalanche Foundation has released the rewards for the first week of the Memecoin Rush single-sided staking plan, with a total value of approximately $500,000 and a distribution of 10,000 AVAX. The rewards were distributed among 10 pools based on the percentage of the total staking value (TVL) and the token supply at the time of the snapshot. Participants can access the staking pool they participated in to claim their rewards directly, or they can accumulate rewards throughout the entire event.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
MSTR to enter Nasdaq 100? We’ll know soon.
A Nasdaq spokesperson told me changes to the index would be announced tonight at 8 pm ET
Bitwise launches solana staking ETP in Europe as US applications linger
Bitwise signaled its plans to list a solana ETF in the US less than a month ago
Ex-Grayscale CEO shifts focus to tokenization
Michael Sonnenshein thinks bringing RWAs onchain “is one of the most exciting frontiers in the broader blockchain and digital assets space”
Crypto Hiring: Securitize, Galaxy, Hashdex add leaders
In case you missed it, Grayscale’s former CEO wants to help shape the tokenization segment
Trending news
MoreCrypto prices
More
