ChainCatcher message, GMX announced that its token reward distribution is now live, completing the transition from the old ETH-based reward model to the new buyback and distribute GMX model. GMX has just conducted its first GMX token reward distribution, with 30% of GMX V1 fees and 27% of GMX V2 fees being used to buy back GMX tokens and distribute them. The buyback process allows anyone to deposit GMX tokens in exchange for the currently pending distribution of fees.

ChainCatcher message, the re-staking protocol Renzo Protocol announced on platform X that the first EigenLayer re-staking reward distribution has been completed, and Renzo has automatically compounded the staking rewards, including:ezETH generated 769.01 ETH (593,727.31 EIGEN) from August 15 to October 8;ezEIGEN generated 1,731.05 EIGEN from October 1 to October 8.

ChainCatcher news, the Bitcoin scaling solution Fractal Bitcoin has announced the completion of the reward distribution for the Fractal mainnet Bootstrap plan.

ChainCatcher news, the privacy cryptocurrency project Firo has determined a new token issuance and block reward distribution plan through a community governance process. The new plan includes three main points:A fixed issuance of 6.25 FIRO per block until the total supply reaches 21.4 million;After that, a tail emission of 1 FIRO per block will be implemented;The block reward distribution ratio is 70% for masternodes, 5% for miners, 15% for the development team, and 10% for the community.The Firo core team stated that no further changes to the token economics will be proposed before the tail emission to ensure stability. These changes will take effect at block height 958655, and the team will soon release an urgent update.

ChainCatcher news, the LayerZero Foundation posted on X that the final list of witch bounty hunters has been uploaded to the Commonwealth platform. The reward distribution will take place before 5 PM PT on Wednesday, July 24 (8 AM Beijing time on July 25).

ChainCatcher news, Polyhedra Network announced the launch of Staking Program V2 on platform X, with the first rewards to be distributed on July 18. Participants in staking can earn ZKJ tokens and participate in Polyhedra network governance.

ChainCatcher news, according to official information, the Solana ecosystem wallet and trading platform Backpack has announced that the UNA rewards distribution has been completed, and users can check their task logs.

ChainCatcher message, Terra has initiated the upgrade of Terra (phoenix-1) to v2.10. This proposal aims to fix multiple alliance reward distribution errors, improve the encoding model, and address known medium-severity bugs. The proposal also includes enabling WasmVm 1.5 features and removing legacy code that was required to execute during the genesis event.Due to the high rewards currently available for ampROAR stakers, the proposal will be submitted on-chain in the next 3 days.