TechFlow News — The Element official Twitter announced that the Element platform has launched its "EPG" staking system on the Element website at 6:00 PM Hong Kong time on May 15. The staking operates under a "Hold to Earn" model, allowing users who hold "EPG" to receive ELE token airdrops.
The specific ELE airdrop rules are as follows: From May 16 to June 14, ELE tokens will be distributed daily at 8:00 AM on the Element website. Each "EPG" card will release 334 ELE tokens per day, accumulating to a total of 10,020 ELE tokens over 30 days.
This marks the first batch of EPG staking releases. The platform may announce detailed rules for the next round of ELE distribution before June 14.
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"EPG" is the world's first ecosystem Pass card for NFT trading platforms. NFT projects can join the ELE DAO ecosystem by holding an "EPG", thereby gaining enhanced official support from the Element platform.
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The cumulative trading volume of "EPG" has now exceeded 1,192 ETH.
