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Decentralizationexchange Warpgate announced the MOVE asset reserve plan, with the proceeds used to reward Movement ecosystem builders
Decentralizationexchange Warpgate on Movement has announced that it will start a MOVE asset reserve campaign to support the long-term development of the ecosystem. Specifically, 1% of Warpgate's revenue will be distributed to Movement ecosystem builders, Meme creators on Warpgate, users, and the community. The project also sparked a widespread response from the Movement ecosystem, and founder Rushi also forwarded the news.
Having collaborated with the official Movement, Wrapgate is hailed as the most suitable Dex for Degen.
As a Dex on Movement, Warpgate not only provides standard exchange services but also integrates token issuance functionality, allowing project parties and creators to utilize its platform more flexibly. Therefore, Warpgate is hailed as the most suitable Movement Dex for on-chain degen. In addition, Warpgate maintains close cooperation with the Movement team, has jointly participated in official NFT issuance matters, and established formal partnership relationships with multiple protocols within the ecosystem, demonstrating its influence in the Movement ecosystem.
The Move team serves as the judges, and the profits are used to encourage ecosystem users.
Regarding Warpgate's MOVE asset reserve program, the main mechanism is to retain 1% of the profit of the Dex part and give it back to the builders of the Movement ecosystem, meme coin creators, users and community members on the Warpgate platform. This distribution strategy helps motivate more developers and creators to build value within the Movement ecosystem and promote community activity and engagement.
For the Movement ecosystem builders, the Warpgate program is judged by Movement co-founder Cooper Scanlon, Asia Pacific market leader Joe, and core team members Will and Merq, to assess which builders will be rewarded to ensure efficient use of resources. In addition, Warpgate officials also emphasized that in order to ensure long-term impacts and promote the sustainable development of the ecosystem, the resource allocation of the MOVE Asset Reserve Program will be reviewed quarterly and dynamically adjusted according to the growth and contribution within the ecosystem.
This article announces the MOVE asset reserve plan of Decentralizationexchange Warpgate, and the benefits will be used to reward the builders of the Movement ecosystem, which first appeared on ChainNews ABMedia.