PANews reported on April 23 that according to official news, IOST officially launched its new token staking reward mechanism - the StakeDrop plan (the first season of the event has officially started), aiming to attract new users from multiple chains and achieve a win-win situation in terms of revenue and ecosystem co-construction.

The plan divides the total amount of 1.4924 billion IOST into two phases. Through a flexible lock-up period and a “time × level” multiplication mechanism, it creates a differentiated income system for staking users (up to 4.5 times the income).