Stonk launches "community currency" model: USELESS, PENGU and other holders can share new Meme currency rewards

According to BlockBeats news, on October 3, Solana ecological Stonk announced this morning the launch of the "Community Coins" mechanism. Users who hold designated Solana community coins will receive holder rewards from the new Meme coins issued in conjunction with them in the future.

According to the rules, for each Meme coin issued using "Community Mode", 33% of its holder rewards will be distributed to eligible community currency holders, and the remaining 67% will be distributed to holders of the Meme coin itself.

The first batch of participating community coins include USELESS, PENGU, ZCAT, ANSEM and NEET. Stonk said that users holding Solana’s top Meme coins can participate in relevant reward distribution.

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