Pinnako community accuses iZUMi Finance of dumping its tokens.

BlockBeats reported on July 19th that community users of the cryptocurrency derivatives trading platform Pinnako accused iZUMi Finance of dumping its tokens, causing a significant drop in the token price. iZUMi Finance had launched a double reward mining activity with Pinnako on July 7th, with a total reward of 120,000 esPIKO and 1 million iZi. iZUMi allegedly sold the staked reward token esPIKO of PIKO holders and exchanged it for ETH, rewarding iZi holders instead. Prior to this, BlockBeats reported on June 13th that the MetaLine game on the Arbitrum ecosystem accused the multi-chain DeFi protocol iZUMi Finance of misappropriating mining rewards and dumping its token. iZUMi Finance misappropriated $10,000 worth of MTG and only included half of the MTG sent by MetaLine in the liquidity mining reward pool. In response, iZUMi stated that when working with projects allowed to launch dual incentive mining activities, the token incentives of the dual mining pool will be distributed in a certain proportion. In this case, the unspent emissions will be re-entered into the mining pool to provide deeper liquidity.