TokenWorks shared a post announcing that its on-chain finance-ization creative experiment project, Fake World Assets, has completed the initial release phase, and tokens have been allocated to participants.
External purchases will officially open at 3:00 AM Beijing time on August 5. From 9:00 PM to 12:00 AM (24:00) on August 4, the purchasing function will be paused so depositors can withdraw funds—please note these time points accordingly.
Fees and incentives are adjusted in tandem:
• Additional purchase fee lowered from 5% to 2.5%
• Depositors’ bid share increased from 85% to 90%
• In future protocol fees, the 50% originally attributed to TokenWorks will be redirected to the buyback mechanism
The token buyback allocation ratios have also been clarified: 70% to purchasers, 10% to depositors, and 20% to be burned. Overall, the mechanism design offers greater concessions to both buyers and depositors, while also introducing deflationary burns. Interested players can keep an eye on the opening window in the early hours of the 5th.
#TokenWorks #空投 #Web3
External purchases will officially open at 3:00 AM Beijing time on August 5. From 9:00 PM to 12:00 AM (24:00) on August 4, the purchasing function will be paused so depositors can withdraw funds—please note these time points accordingly.
Fees and incentives are adjusted in tandem:
• Additional purchase fee lowered from 5% to 2.5%
• Depositors’ bid share increased from 85% to 90%
• In future protocol fees, the 50% originally attributed to TokenWorks will be redirected to the buyback mechanism
The token buyback allocation ratios have also been clarified: 70% to purchasers, 10% to depositors, and 20% to be burned. Overall, the mechanism design offers greater concessions to both buyers and depositors, while also introducing deflationary burns. Interested players can keep an eye on the opening window in the early hours of the 5th.
#TokenWorks #空投 #Web3