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Only1 Lists on AscendEX

thenewscrypto.com
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AscendEX, is thrilled to announce the listing of the Only1 token (LIKE) under the pair USDT/LIKE on Sept 2 at 1 p.m. UTC.
AscendEX, a global digital asset trading platform with a comprehensive product suite, is thrilled to announce the listing of the Only1 token (LIKE) under the pair USDT/LIKE on Sept 2 at 1 p.m. UTC. In celebration of the LIKE listing, AscendEX and the Only1 team will jointly launch four limited-time promotional events, taking place between Sept 2, 1:00 a.m. and Sept 9, 12 a.m. UTC, offering pooled rewards worth up to 90,000 USDT!

Only1 is the first NFT-powered social media platform built on Solana. They aim to target social media users who want to feel more connected with content creators and creators who want to monetize their content more directly. Only1 has created solutions for these user types through two innovative NFT applications, Genesis-NFT and Content-NFT, both of which provide users the ability to earn rewards for holding them. Only1 encourages social engagement by providing opportunities for asset holders to earn income while creators share content and fans engage with it.

Each onboarded creator can mint one Genesis-NFT. Each content creator will have their own staking pool that produces LIKE tokens that are distributed to staking users, the creator, and the Genesis-NFT owner. Users can stake tokens in creator staking pools with APYs that correlate to the creator's platform activity. The APY calculation algorithm is continually updated to optimize for maximum social engagement and fair rewards distribution for all users. When calculating the APY, the algorithm considers metrics such as daily…
Cianna Joy
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