Stonk launches Community Coins rewards, allocating 33% of Meme coin holder rewards

  • Stonk launched Community Coins rewards for holders of designated Solana community tokens.
  • 33% of each community-mode Meme coin's holder rewards goes to eligible community-token holders.
  • USELESS, PENGU, ZCAT, ANSEM and NEET are the first supported tokens.

Stonk launched its Community Coins rewards mechanism on Oct. 3, allowing users who hold designated Solana community tokens to receive holder rewards from newly issued Meme coins. Under the community model, 33% of each Meme coin's holder rewards goes to eligible community-token holders, while the remaining 67% goes to holders of that Meme coin. The first supported tokens are USELESS, PENGU, ZCAT, ANSEM and NEET. Stonk said the incentive is designed to increase the holding value of leading Meme coins in the Solana ecosystem.

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Stonk launches Community Coins rewards, allocating 33% of Meme coin holder rewards - CoinPost Terminal