PANews reported on August 4th that Web3 game aggregation platform PEPE GAMES has officially launched REDBIT ROLL, a custom game developed in strategic partnership with the meme project REDBIT. Users can earn platform points and additional airdrop rewards by participating in the game. REDBIT, an original meme character based on the comic book "Boys' Club," depicts a red-skinned, humanoid rabbit and has garnered widespread community attention since its launch. REDBIT ROLL is a unique dice-rolling game that earns players PEPE GAMES platform points and additional airdrop rewards. Notably, REDBIT ROLL also introduces a token burn mechanism: each player's participation will increase the burn rate of REDBIT tokens. The number of players participating in the game determines the burn rate of REDBIT tokens, which will help expand the project's influence and accelerate community development.
PEPE GAMES stated that it will continue to deepen its cooperation with various high-quality meme projects in the future, promote the diversification of Web3 game content, and explore more sustainable token economic practices.



Wormhole’s native token has had a tough time since launch, debuting at $1.66 before dropping significantly despite the general crypto market’s bull cycle. Wormhole, an interoperability protocol facilitating asset transfers between blockchains, announced updated tokenomics to its native Wormhole (W) token, including a token reserve and more yield for stakers. The changes could affect the protocol’s governance, as staked Wormhole tokens allocate voting power to delegates.According to a Wednesday announcement, three main changes are coming to the Wormhole token: a W reserve funded with protocol fees and revenue, a 4% base yield for staking with higher rewards for active ecosystem participants, and a change from bulk unlocks to biweekly unlocks.“The goal of Wormhole Contributors is to significantly expand the asset transfer and messaging volume that Wormhole facilitates over the next 1-2 years,” the protocol said. According to Wormhole, more tokens will be locked as adoption takes place and revenue filters back to the company.Read more