Hooked Protocol published an article on the X platform introducing the pledge mechanism of the HOOKED 2.0 upgrade. In order to introduce more practical functions of HOOK tokens in the new social learning metaverse, Hooked Protocol will introduce more upgraded staking mechanisms in the HOOKED 2.0 proposal.
-It adopts a staking-as-credit system based on locked commitments;
-Staking will be closely integrated with the upcoming Hooked AppChain program;
-Users stake HOOK tokens to increase ecosystem points, cooperate with the guild team, and win additional rewards from the Hooked ecosystem.
Hooked Protocol said details will be gradually released in the coming weeks.
According to previous news, Hooked Protocol announced the HOOK 2.0 proposal. The proposal states that HOOK will be used as a Gas Token in the Appchain ecosystem, and will be given more ecological applications to upgrade the ecosystem on the chain.
In addition, Hooked Protocol announced the launch of a US$50 million education ecosystem fund in conjunction with multiple educational institutions. The new education fund will promote the connection between crypto-education and real-world education by strengthening the HOOK 2.0 ecosystem, inspiring new use cases for HOOK tokens, enhancing the application of on-chain interactions in offline courses.