MBB is introducing a first-of-its-kind staking and revenue share system, allowing $MBB holders to stake their tokens freely towards any trading pair created via the Meme Blind Box Agent.

This empowers stakers to farm LP rewards resulting from real trading activities and to use $MBB as very first universal LP position ever!

Community First! Real revenue, real rewards!

As announced in our latest article (read here), Meme Blind Box will operate on a 100% revenue-sharing model, ensuring that all revenue generated from LP trading fees flows back to the MBB community in the most straight forward way possible.

Here's how the rewards are collected and distributed:

• MBB will collect 1% of the total trading volume across all MBB pairs in LP fees

• 50% of LP fees go straight to the creators via our creator earnings mechanism

• 50% is allocated to the token’s $MBB staking contract to reward $MBB stakers

The Future of LP Farming Utility Is Here

The $MBB token is evolving. It will no longer just represent our Agent, it is now transforming into a utility token that allows its community and holders to capture the full value of Meme Blind Box and its entire ecosystem.

Forget what you know about traditional staking and revenue-sharing mechanisms. Those boring days are over. With our new staking system, $MBB becomes a universal LP position, enabling holders to stake and farm LP rewards across all token pairs launched via the MBB platform.

This means $MBB holders can farm trading fees from their favorite MBB trading pairs without holding the traded assets directly - a major shift from traditional LP positions where users are exposed to token price fluctuations and potential impermanent loss.

Our new staking mechanism simplifies everything: users only need to stake $MBB to their chosen MBB trading pairs via our single-sided staking contracts and intuitive staking interface on MBB Dashboard. No more LP risks, just pure rewards!

How to Farm LP Rewards with $MBB?

When a token is launched, our Agent automatically creates a single-sided staking contract for every trading pair and pool on MBB. 50% of all LP fees collected is allocated to the token’s $MBB staking contract, rewarding stakers based on their stake size and duration. Rewards are being attributed in real-time and can be claimed by users at any point. For more info visit our docs here.

To maximize APR, $MBB holders can strategically adjust their staking positions across multiple MBB trading pairs at the same time. There are no lock-up periods or deposit fees, and we encourage holders to fine-tune their farming strategies regularly. This creates a fun and competitive experience where $MBB holders engage in PvP-style farming to hunt for the best returns.

Let the games begin….

Links:

• MBB Twitter: https://x.com/magnet_mbb

• MBB Dasboard: https://mbb.magnetlabs.xyz/

• MBB Docs: https://docs.magnetlabs.xyz/ecosystem/meme-blind-box-v2