TokenWorks Latest Update: The initial release phase of Fake World Assets has ended, and external purchases will officially open at 3:00 AM Beijing time on August 5.
A few key adjustments to note:
① Purchase will be paused from 21:00–24:00 on August 4 to make room for depositors’ withdrawals. If you’re planning to buy, remember the time window.
② Lower fees: The additional purchase fee has been reduced from 5% to 2.5%, which is friendlier for buyers. For depositors, the bid rate has been increased from 85% to 90%, making returns more attractive.
③ Buyback mechanism implemented: In the future, 50% of the protocol fees that originally belonged to TokenWorks will be redirected toward buybacks. The buyback tokens will be distributed as follows: 70% to buyers, 10% to depositors, and 20% directly burned—providing ongoing support for the value of held tokens.
Allocations have already been completed to participants in the initial phase. Once the external window opens, it means liquidity in the secondary market will enter a new stage. In the short term, it’s a battle of sentiment; in the long term, it comes down to the protocol-fee return flow and the burn schedule.
Timeline summary:
· August 4, 21:00–24:00: Purchases paused; depositors withdraw
· August 5, 3:00 AM: External purchase channel opens
What do you think about this fee adjustment and the buyback/fee-splitting structure? Let’s discuss in the comments.
#TokenWorks #空投 #On-chain Finance
A few key adjustments to note:
① Purchase will be paused from 21:00–24:00 on August 4 to make room for depositors’ withdrawals. If you’re planning to buy, remember the time window.
② Lower fees: The additional purchase fee has been reduced from 5% to 2.5%, which is friendlier for buyers. For depositors, the bid rate has been increased from 85% to 90%, making returns more attractive.
③ Buyback mechanism implemented: In the future, 50% of the protocol fees that originally belonged to TokenWorks will be redirected toward buybacks. The buyback tokens will be distributed as follows: 70% to buyers, 10% to depositors, and 20% directly burned—providing ongoing support for the value of held tokens.
Allocations have already been completed to participants in the initial phase. Once the external window opens, it means liquidity in the secondary market will enter a new stage. In the short term, it’s a battle of sentiment; in the long term, it comes down to the protocol-fee return flow and the burn schedule.
Timeline summary:
· August 4, 21:00–24:00: Purchases paused; depositors withdraw
· August 5, 3:00 AM: External purchase channel opens
What do you think about this fee adjustment and the buyback/fee-splitting structure? Let’s discuss in the comments.
#TokenWorks #空投 #On-chain Finance