Stonk, a token launch platform on Solana, has introduced a new "community coin" model, according to ChainCatcher. Under the setup, holders of a community coin can now receive holder rewards from newly launched meme tokens paired with that community coin. For each meme issued through the community mode, 33% of holder rewards will be distributed to eligible community coin holders, while the remaining 67% will go to holders of the meme token itself. Stonk named USELESS, PENGU, ZCAT, ANSEM, and NEET as the first batch of community coins. The update sets out a fixed reward split for tokens launched through this mode and defines how rewards are shared between paired community coin holders and the meme token’s own holder base.
Stonk, a Solana-based token issuance platform, has launched a new "community coin" model, according to ChainCatcher.
Under the new structure, holders of a community coin can receive holder rewards from newly issued meme tokens paired with that coin.
For each meme launched in community mode, 33% of holder rewards will be shared with eligible community coin holders. The remaining 67% will go to holders of the meme token itself.
The first batch of community coins includes USELESS, PENGU, ZCAT, ANSEM, and NEET.
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