TechFlow news: iZUMi Finance has responded to allegations of misappropriating mining rewards and dumping tokens in MetaLine, a game within the Arbitrum ecosystem. The protocol stated that when collaborating with projects participating in dual-incentive mining, token incentives from dual mining pools are allocated according to a predetermined ratio, with any unused issuance redistributed back into the mining pool to provide deeper liquidity. Revenues generated from this unused issuance are distributed to $veiZi holders.
This strategy has operated smoothly on BNB Chain, Arbitrum, and zkSync for over a year. We believe that the interests of $iZi holders are long-term aligned with the protocol revenues of iZiSwap. This distribution mechanism effectively incentivizes $iZi holders to provide liquidity for volatile pools. Therefore, iZUMi Finance disagrees with the aforementioned allegations.
