LONG injects 25% to 50% of protocol fees into liquidity through daily cycles
Foresight News reported that Nate, co-founder of the on-chain launch and trading platform LONG, posted on Twitter that the team is injecting 25% to 50% of protocol fees into liquidity through daily cycles to enhance the liquidity of LONG assets. Ultimately, the protocol will hold more permanently locked equity liquidity to benefit the community, and no one will be able to withdraw it. After verification, this process will gradually expand to cover more FDV ranges and assets, with progress updates published on the LONG dashboard.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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