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UnicornX's latest announcement reveals the latest incentive measures for the Unicall ZKWASM project. This plan, named "diamond hand rewards," offers an attractive subsidy mechanism for users who buy and hold during a specific period.
Specifically, the plan covers the user group who made purchases on the UnicornX platform from the evening of August 21, 2023, to noon on the 22nd, and have not sold their assets. The benchmark price for rewards will be based on the market price at 5:30 PM on August 22.
The rewards logic is quite innovative: if a user's weighted average purchase price is higher than the established benchmark price, the platform will ensure that the user's actual average purchase cost does not exceed the benchmark price by issuing additional tokens. This mechanism effectively reduces the investment risk for early supporters.
It is worth noting that the distribution of reward tokens will start at 5:30 PM on August 22, with a commitment to complete the distribution within 72 hours. All rewards will be sent directly to the user's trading wallet address, simplifying the collection process.
UnicornX emphasizes that the core objective of this rewards program is to highlight the importance of long-term holders and community supporters. In this way, the platform hopes to convey its long-termism philosophy and commitment to transparent operations. This initiative not only helps stabilize the project ecosystem but also provides new ideas for user incentive mechanisms in the Web3 space.