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The second phase of the latest contract mining launched by a certain exchange is indeed interesting. Just increasing the cashback ratio to 40% is enough to attract attention, but the real highlight lies in the mechanism restructuring.
The level cap has been raised to Lv7, and the key is that leveling up has become simpler—no longer solely based on trading volume. Invitations, community participation, holding platform tokens—these multi-dimensional contributions all count towards growth points. This transformation is quite deliberate. The platform shifts from a single trading-driven model to recognizing users' various value contributions. For ordinary players, the threshold has indeed been lowered.
This design logic actually reflects a trend: exchanges are increasingly valuing user stickiness and community activity, not just trading volume. Multi-dimensional incentive mechanisms can retain different types of users—heavy traders, community builders, long-term holders—all have a place. From a product perspective, this adjustment is indeed optimizing the user experience.