
xiyu|Apr 23, 2025 02:38
Latest progress:
Magic Eden admits that there was a "podium issue" with the first season airdrop, which resulted in a discrepancy between rankings and rewards, affecting fairness. We will re-examine and reissue rewards based on activity and staking weights to ensure liquidity, prevent witch attacks, and fulfill commitments. The detailed proposal will be released on Friday.
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Magiceden CEO @ 0xLeoIRio explicitly stated in AMA that the rules will not be transparent.
I think the rules should be completely open and transparent.
1. Pledge is very fair, and the quantity and time are publicly available for inspection. Pledges are one by one, and the ranking of pledge quantities is also fair.
2. Trading rules should also be clear, as there is a wear and tear on transaction fees in Magiceden, and even brushing transactions incurs the same cost.
3. The official implementation of this trading mining system is actually encouraging trading and encouraging multiple trades.
If it's not transparent, then it must be hiding something? It must be that the project team is hiding some shady things.
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