LooksRare is About to Launch Token Reward Production Reduction

TokenInsight news, LooksRare is about to launch a token reward reduction. Officials said that the first phase of $LOOKS distribution will be completed soon, and the second phase will start from block 14172012. The $LOOKS awards issued by each block will be reduced from 800 to 380, including transaction awards from 441 to 209.475 and staking awards from 189 to 89.775. In addition, LooksRare expects to reallocate 2.66 million $LOOKS to Uniswap V3 on February 15.