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Everclear will migrate NEXTToken to CLEAR on December 6th and launch a brand new Tokenomics model
PANews December 4th news, the intent-based cross-chain bridges settlement layer Everclear has passed an important proposal to migrate NEXT Token to CLEAR. According to the announcement, this migration will start at 21:00 on December 6th and the first quarter reward plan, which lasts for three months, will also be launched simultaneously. The total reward pool includes 6.25 million CLEAR Tokens. Among them, 1.75 million CLEAR tokens will be allocated to vbCLEAR stakers, 4.5 million tokens will be used to incentivize Solvers. In terms of migration, NEXT holders on the L2 network will automatically upgrade to CLEAR, while NEXT holders on the ETH mainnet will need to manually migrate on a 1:1 basis. The newly launched voting binding system allows users to lock CLEAR for up to two years to receive vbCLEAR, participate in governance, and receive protocol revenue sharing.