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The Second LOOKS Emission Reduction: Everything You Need to Know

Gm.

Following our emissions schedule, we’re about to exit Phase 2 of the LOOKS token emissions, and head into Phase 3. In the short term, this means a reduction in the number of LOOKS earned as rewards, but long term, this change represents LooksRare’s progression out of the initial growth stages, into a period of more sustained, organic growth.

We want to make sure everyone knows exactly what’s changing.

Zodd
Guts

Looks Emission Phase 2

Gm.

LooksRare has been live for close to a month now, and in accordance with the schedule, Phase 1 of the LOOKS token emissions will soon come to an end, with Phase 2 starting at block 14172012 (currently Feb 9th, 12:21pm UTC at the time of writing).

In addition to the above, there will also be an update to the LP staking rewards.

We wanted to make sure everyone knows exactly what is changing, and things you should know.

Zodd
Guts