Bounce Brand announces ILO launch in January

01/09 02:34

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On January 9th, decentralized auction platform Bounce Brand officially announced that it will launch an Initial LP Revenue Offering (ILO) in January. Unlike traditional token-based methods, ILO focuses on the rights to auction the fees generated by token liquidity pools on well-known platforms such as Uniswap. For example, a share of 1% participating in the auction permanently entitles the participant to 1% of Uniswap transaction fees, without the need to hold the tokens themselves.

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