According to Foresight News, Web3 social platform and infrastructure UXLINK announced the establishment of an SLP (Social Liquidity Provisioning) system for its community and ecosystem. Developers can stake pre-TGE tokens / UXLINK (or BTC/ETH/stable coins) tokens into the SLP protocol to gain user growth. SLP will adopt a POS model to share profits with partners and the community.
The SLP system will support interest-bearing pools of different tokens and growth pools of pre-TGE tokens based on UXLINK’s existing profit model. Starting from July 1, partners participating in the UXLINK ecosystem will need to hold UXLINK assets and commit to the allocation of their pre-TGE tokens.
