Magic Eden to Share Revenue With SME Holders on February 1

Name: Revenue Share
Start: 2026-02-01T00:00:00Z
End: 2026-02-02T00:00:00Z

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Magic Eden outlines a new revenue allocation model under which 15% of the platform’s total revenue will be redirected to the SME token ecosystem starting February 1. The allocated amount will be split evenly, with half used for SME buybacks and the other half distributed to SME stakers in USDC based on staking power.

USDC rewards will be claimable monthly, beginning in March for February activity, with a 90-day claim window.

Event date: February 1, 2026 UTC

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