Extended Announcement of Points Program Review Results, Removing Violations Over 5 Million. A total of 5,038,989 points were removed, involving non-organic or manipulative activities. As of August 10, after the points program update, the total points amount to 64,673,031. The adjustments cover 4,017 affected accounts and 35 identified violations such as witch-fraud operations. This review focused on cross-account collusion transactions, self-swiping through referrals, witch wallet clusters, and multi-account coordinated activities. The removed points have been returned to the program budget for genuine participants to continue earning. The overall points distribution cap remains no more than 70 million.
On-chain perpetual exchanges proactively doing a “cutting out the poison” move is truly rare. Compared to turning a blind eye and letting witch farms drain users, timely cleanup of noncompliant points and refunding real users is what long-termism looks like. Although the witch crackdown may come late, it arrives all the same; fairness is the foundation of the ecosystem.
#Extended #积分计划 #Witch Crackdown
On-chain perpetual exchanges proactively doing a “cutting out the poison” move is truly rare. Compared to turning a blind eye and letting witch farms drain users, timely cleanup of noncompliant points and refunding real users is what long-termism looks like. Although the witch crackdown may come late, it arrives all the same; fairness is the foundation of the ecosystem.
#Extended #积分计划 #Witch Crackdown