incentives

According to reports from Jiemian News, the prospectus shows that Changxin Technology has implemented a rare employee stock incentive plan in the semiconductor industry before its listing. The company launched two phases of employee stock ownership plans over four years, granting shares to a total of 6,760 individuals, accounting for 35% of the total number of employees, with a higher proportion of R&D and highly educated personnel. Chairman Zhu Yiming publicly promised to distribute the granted 768 million shares to current employees free of charge within ten years after the company has been listed for 36 months, and he personally committed not to reduce his holdings within ten years after the listing. This initiative aims to retain core talent and stimulate team motivation through a long-term interest-binding mechanism during the lengthy technology catch-up cycle.In terms of performance, benefiting from the AI-driven super cycle in the storage industry, Changxin Technology has achieved a strong turnaround and significant growth. The company expects to achieve revenue of 110 billion to 120 billion yuan in the first half of 2026, a year-on-year increase of more than six times; the net profit attributable to the parent company is expected to reach 50 billion to 57 billion yuan.Previous news: According to the official website of the Shanghai Stock Exchange, Chinese storage giant Changxin Technology disclosed its intention to list on the Sci-Tech Innovation Board and the "Issuance Arrangement and Preliminary Inquiry Announcement" on July 9, officially starting the IPO issuance process on the Sci-Tech Innovation Board. The announcement disclosed that the offline subscription date and online subscription date for the company's new shares are both set for July 16, 2026. The stock code for Changxin Technology/offline subscription code is "688825," and the online subscription code is "787825." This public offering plans to issue approximately 6.688 billion shares (before the exercise of the over-allotment option), while the issuer grants CICC an over-allotment option not exceeding 15.00% of the initial number of shares issued; if fully exercised, the total number of shares issued will increase to approximately 7.691 billion shares.

According to the Science and Technology Innovation Board Daily, MiniMax founder and CEO Yan Junjie issued an internal letter to all employees, responding to recent market fluctuations and emphasizing that the company's long-term direction remains unchanged. In the letter, Yan Junjie announced that starting today, until the day the company achieves AGI, he will no longer receive any salary from the company. Over the next four years, he will allocate personal shares equivalent to 4% of the company's total equity to incentivize team members who work alongside the company to create value together; at the same time, he will set aside 1% of the shares to establish a special fund to continuously support the development of relevant open-source communities.

According to Cointelegraph, Polkadot OpenGov recently proposed two new staking proposals (Proposal #1909 and #1910) aimed at strengthening validator incentives, eliminating the nominator penalty mechanism, and reducing the unbonding period from approximately 28 days to 2 days.

According to CoinDesk, Base ecosystem's largest DEX Aerodrome plans to launch a Predictive Allocation mechanism, which allocates incentives based on predicted future liquidity demand, replacing the traditional model based on historical data.

According to The Block, Curve Finance has launched the lending protocol Llamalend v2 on Optimism as the first phase of its major upgrade, with plans to deploy it to the Ethereum mainnet in the second half of this year.Llamalend v2 removes the restriction of only supporting crvUSD, allowing for almost any collateral to be combined with lending assets, and introduces LlamaRisk as the market auditor responsible for evaluating new collateral and managing the market lifecycle.Users can use Curve LP tokens as collateral, allowing them to lend funds while maintaining market-making exposure, thereby improving capital efficiency. The launch on Optimism received a subsidy of 250,000 OP (approximately $50,000) provided by the Optimism Foundation, which will be used for liquidity and activity incentives over the next two months. Initially, the lending limit will be zero, only allowing for lending, and the lending limit will be determined through a seven-day DAO vote, with full functionality expected to gradually open from June 16.

According to PYMNTS, the comment period for the implementation rules of the GENIUS Act by the Federal Deposit Insurance Corporation (FDIC) ended on June 9. The proposal clearly states that payment stablecoins themselves do not qualify as deposits insured by the FDIC, and stablecoin holders do not enjoy pass-through deposit insurance. Industry feedback indicates significant disagreements in the payment sector.Traditional institutions such as banks strongly oppose incentives like yields, rewards, or cashback offered by stablecoins, arguing that this would attract deposits away from banks, harming local lending capacity, and calling for a clear prohibition on any form of compensation within the stablecoin ecosystem; the International Organization for Standardization (ISO) technical committee suggested that the FDIC require the adoption of machine-readable reporting formats and Legal Entity Identifiers (LEI) to enhance transparency, regulatory information sharing, and data quality.

Decentralized USDD announced that its yield-bearing token sUSDD officially launched on Pendle's Ethereum chain 91-day fixed income market, marking another breakthrough for USDD in the DeFi yield scenario and capital efficiency layout.This event will take place on May 28 at 8:00 AM (Singapore time), and sUSDD holders can participate by locking in fixed rates, trading yield rights, providing liquidity, and more. During the event, YT users can share over $300,000 in incentives, combined with Pendle's official 30% exclusive rewards, and have the chance to receive random airdrops of TRX.The official stated that they will continue to explore diversified yields in the future, effectively meeting market liquidity demands and promoting USDD's deep integration into the mainstream DeFi ecosystem.

GMX Labs has released a proposal for an upgrade to its leadership structure, which has been approved by DAO governance voting with 96.42% in favor. The proposal points out that as the team expands and competition in the perpetual DEX space intensifies, GMX Labs' early flat, founder-driven organizational structure is no longer sustainable and needs to transition to a clearer and more accountable traditional leadership structure.The proposal announces the introduction of a CEO through a public recruitment process, with candidates drawn from DeFi, CeFi, traditional finance, and the technology industry. The goal is to complete the recruitment and onboarding by April 2026, and to complete the organizational restructuring and submit a new contributor token allocation plan aligned with performance to the DAO by June. The CEO's responsibilities include setting the strategic direction for GMX Labs, establishing a functional leadership team, strengthening partnerships, and representing GMX Labs in industry events.In terms of compensation, the CEO's base salary will be between $150,000 and $200,000 per year, paid in stablecoins; performance incentives will be denominated in GMX tokens and directly linked to the growth of protocol fees, with the current annual protocol fee baseline being approximately $60 million. A 50% increase in fees will yield partial rewards, while a 100% increase to about $120 million will yield the full base reward pool of 40,000 GMX tokens. A 125% increase to about $135 million will additionally grant 10,000 GMX as a special reward. The GMX tokens received will also be adjusted by 0.5 to 1.5 times based on the 30-day average price of GMX, with an annual token compensation cap of 75,000 GMX. Of the performance rewards, 25% will be unlocked immediately upon meeting targets, while the remaining 75% will vest linearly over 24 months, with unvested portions forfeited upon early departure.During the transition period, an interim leadership committee composed of members X, Coin, B, and Kal will be responsible for maintaining operations, advancing the existing roadmap, and leading the search for the CEO.

Coinbase CEO Brian Armstrong posted on the X platform that if the cryptocurrency rewards ban becomes law, it would benefit the company more due to the large rewards Coinbase pays to USDC holders. However, he does not wish for this to happen, as rewarding users is more beneficial for customers, and maintaining the competitiveness of regulated stablecoins on the global stage is more advantageous for the United States.

SoSoValue's high-performance Layer 1 network ValueChain and its core trading sub-chain SoDEX have officially announced the full launch of the mainnet (open to the global public, no invitation code required).The full launch of SoDEX marks the completion of the SoSoValue ecosystem's closed loop from "data investment research (SoSoValue)" to "on-chain trading (SoDEX)" and then to "asset allocation (SSI)" financial infrastructure. The platform token $SOSO also receives a significant upgrade, officially becoming the native Gas and governance token of the ValueChain mainnet.The core competitiveness of SoDEX lies in its high-performance architecture based on Layer 1 ValueChain. According to official sources, SoDEX's current tested performance has reached 100,000 TPS, achieving architectural breakthroughs in the decentralized trading field:L1 native matching: SoDEX innovatively distributes the matching engine across different validating nodes on Layer 1. This makes it one of the few trading systems in the industry that can fully implement matching logic on-chain, achieving the extreme speed of centralized exchanges (CEX) while ensuring absolute transparency and security of assets through L1 consensus.One-stop purchase of high-quality assets across the chain: Leveraging the multi-subchain composite architecture of L1, SoDEX connects independent high-performance Spot (spot) and Perps (contract) trading sub-chains, unified under the EVM account system. This means users can trade crypto-native assets and real-world assets (RWA) such as gold and silver in a one-stop manner without switching accounts, greatly enhancing capital efficiency and the convenience of asset allocation.Institutional-level cross-chain security: The system reuses the Mirror Protocol infrastructure of the SoSoValue Indexes Protocol, adopting a combination of third-party custody and Bridge solutions, significantly enhancing the security of multi-asset cross-chain transactions.During the SoDEX testnet period, it attracted over 400,000 user registrations, with an average daily on-chain order volume reaching 3.9 million.According to official sources, this Public Launch will simultaneously launch the SoPoints points system and directly inject 150 million $SOSO as an early ecosystem incentive pool. This plan aims to reward genuine trading behavior and liquidity contributions, emphasizing verifiable on-chain actions as the basis for incentives, allowing every investor an equal opportunity to enjoy the benefits of decentralized finance.

Binance announced on the X platform that by trading stock tokens with the Binance Wallet, users can earn Binance Alpha task points.Event time: January 20, 2026, 21:00 --- February 3, 2026, 20:59 (UTC+8).During the event, users who successfully purchase a single stock token of ≥50 USDT/USDC in the Binance Wallet (App/Web) will receive 5 Binance Alpha points (limited to one per user).

The lending platform HyperLend has announced the HPL tokenomics, with 30.14% allocated for ecosystem growth and incentives, 25% for genesis distribution, 22.5% for core contributors, 17.36% for strategic investors, and 5% reserved for liquidity.In addition, HyperLend disclosed that it has completed $1.7 million in financing to date, with investors including RockawayX, No Limit Holdings, Nucleus, Duplicate Capital, and Dumpster. Strategic investors will receive 10% equity at the Token Generation Event (TGE), followed by a 4-month lock-up period, with the remaining shares gradually unlocking over 2 years. Staking and locking features will be launched shortly after the token generation event, with rebates coming from the reserve factor and distributed based on participation.The team emphasizes that HPL has not officially launched yet and reminds users to only trust information released through official channels.

The open-source AI platform Sentient has announced the SENT tokenomics. The total supply of SENT tokens is 34,359,738,368, of which 44% will be used for community incentives and airdrops, 19.55% will be allocated for ecosystem and R&D, 2% will be used for public sales, 22% will be allocated to the team, and 12.45% will be distributed to investors.

According to official news, MEXC has launched a brand new Referral Ambassador Program. This program is centered around community co-construction and tiered growth, allowing users to unlock three exclusive incentives by inviting friends, completing tasks, and leveling up.Referral Ambassadors can earn up to 40% commission by inviting friends to trade, and after being promoted to Champion Ambassador, they can enjoy an additional 5% fee rebate. Meanwhile, Elite and Champion Ambassadors will qualify to participate in exclusive time-limited events and can accumulate points through invitations or trading to unlock more rewards and benefits.