PANews reported on July 9 that according to Decrypt, the Ethereum NFT series Goblintown has launched the official Meme coin "GOB" on the Solana blockchain. The token was launched by Exploding Goblin LLC, a subsidiary of Truth Arts, to solve the lifespan problem of new Meme coins. The project will grant the ownership of GOB tokens to a single NFT in the Truth Arts ecosystem, and the quota is reserved for current NFT holders. GOB tokens will not be fully vested, but will be vested in part every second within 24 months, and holders can claim them weekly (the vesting period for companies and team members is 30 months, and the first 6 months are locked).
In addition, in order to deal with the "sniper" problem, Goblintown launched GOB through the community without prior announcement, and the proportion of available tokens on the first day was small. The project will also implement a 2.5% token tax to solve liquidity management problems, and the tax will be used to supplement the liquidity pool, etc., to create a deflationary effect. The founder of the project believes that although the elements of the GOB token design are not innovative, the combination will help maintain the token.



Wormhole’s native token has had a tough time since launch, debuting at $1.66 before dropping significantly despite the general crypto market’s bull cycle. Wormhole, an interoperability protocol facilitating asset transfers between blockchains, announced updated tokenomics to its native Wormhole (W) token, including a token reserve and more yield for stakers. The changes could affect the protocol’s governance, as staked Wormhole tokens allocate voting power to delegates.According to a Wednesday announcement, three main changes are coming to the Wormhole token: a W reserve funded with protocol fees and revenue, a 4% base yield for staking with higher rewards for active ecosystem participants, and a change from bulk unlocks to biweekly unlocks.“The goal of Wormhole Contributors is to significantly expand the asset transfer and messaging volume that Wormhole facilitates over the next 1-2 years,” the protocol said. According to Wormhole, more tokens will be locked as adoption takes place and revenue filters back to the company.Read more