Pacmoon V2 Launches with New Validator Model, 1,278 Validators and 2,646 Creators Join

May 30, 2024, 07:33 PM

Pacmoon has launched its V2 platform, which introduces a new validator model aimed at benefiting both creators and validators. The platform allows users holding $PAC tokens to become validators, who can then distribute points by liking posts. These points are converted into $PAC for content creators. Since the launch, 1,278 validators and 2,646 creators have joined the platform. Validators must hold at least 10,000 $PAC to participate, and the more $PAC they hold, the more points their likes are worth. The new system has been well-received, with users praising its ability to give smaller accounts a fair chance and its innovative approach to social validation. Additionally, 75% of the monthly ~$1 million $PAC airdrop is allocated to creators.