What does the destruction of NT by 99pool mean?
What does the destruction of NT by 99pool mean? On September 8th, 99pool offici
What does the destruction of NT by 99pool mean? On September 8th, 99pool officially announced that due to the unrelated issuance mechanism of NT and the NFT project, it has decided to attribute the total amount and value of destruction to 99Pool. Specifically, this means using all of 99Pool’s transaction fees to purchase 99Pool Tokens and carrying out the destruction through a repurchase process based on predetermined rules (in accordance with the standards specified in the white paper).
At the same time, the specific plan regarding the “99Pool token model” and related equity rewards has been announced to ensure that users participating in the 99PoolDAO pledge can receive daily mining rewards of 99pool’s new coins, obtain more 99Pool governance tokens OKB, and other related 99pool benefits.
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