YOLO GAMES: 35% of the fee income in S1 is reserved for future incentives, half of which is directly distributed to players
Odaily2024/06/29 02:23
By:Odaily
Odaily News YOLO GAMES posted on X that in Season One, 35% of fee income was reserved for future incentives, initially designated for future promotions, initiatives, and other creative ways to give back to users. When considering how to best use these fees for future incentives, we will first distribute half of the funds directly to S1 players in the form of rakebacks (players with negative S1 PNL will get more, and players with positive S1 PNL will get less). Claims will begin after the Blast Phase 2 incentive campaign goes live and lasts for 7 days, and further notice will be given at that time. The remaining half of the funds will be allocated in subsequent stages, taking into account the results achieved in the first allocation. That is, if this method translates into indicators such as trading volume, then it may be used for the remainder; if not, then a different allocation method will be used.
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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.
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