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Magic Eden: Starting February 1, 15% of revenue will be used for ME token buyback and ecosystem development
Foresight News reports that Magic Eden announced that starting from February 1, it will directly invest 15% of its revenue into the ME token ecosystem. This revenue will be distributed evenly, with 50% used to buy back ME tokens on the open market, and 50% distributed to ME stakers in USDC proportional to their staking weight.