Moca Network launches the first MocaPortfolio rewards; MOCA stakers can use points to redeem ME tokens.

Odaily星球日报2025/12/20 00:19

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According to Odaily, the chain-agnostic decentralized identity network Moca Network has announced that Magic Eden token (ME) is the first token to be launched to users via MocaPortfolio. MocaPortfolio is a platform that provides the Moca Network community with opportunities to allocate tokens from Animoca Brands’ portfolio projects.

MocaPortfolio has locked tokens worth $20 million from projects within the Animoca Brands ecosystem. The launch of the Magic Eden token marks the beginning of a series of token reward releases on MocaPortfolio, with more tokens from Animoca Brands ecosystem projects to be announced in the future.

The details of the first MocaPortfolio release are as follows:

Project: Magic Eden token

Total allocation: 2,195,000 ME

Eligibility: MOCA stakers can consume between 5,000 and 2,000,000 staking points to participate

Registration window: December 18, 13:00 UTC - December 29, 01:00 UTC

Allocation mechanism: Flexible mode — ME tokens will be distributed based on the proportion of staking energy consumed by each participant

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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