UXLINK On-Chain Stakers Surpass 67,000 Milestone
CryptoNewsTerminal Staff10 Sep, 2024
UXLINK On-Chain Stakers Surpass 67,000 Milestone
UXLINK, a decentralized Web 3.0 social platform, has announced that the number of on-chain staking users for its native token, UXL, has exceeded 67,000. This significant milestone demonstrates the growing trust and support that the community and users have in the UXLINK ecosystem. UXLINK holders who stake their tokens are granted on-chain governance voting rights and become eligible to receive airdrops conducted by projects within the UXLINK ecosystem. This incentive structure encourages active participation in the platform's governance and fosters a sense of ownership among the community. As the number of UXLINK stakers continues to grow, the governance process will become increasingly efficient and transparent, empowering the community to shape the future direction of the platform. This milestone is a testament to UXLINK's commitment to decentralization and community-driven growth.
