The 90-day migration period for LikeCoin v3 officially concluded on February 2. During the migration perioid, a total of 1,282,627,812 LIKE v2 were upgraded to v3, representing 85.5% of the total supply of 1,500,000,000 LIKE.

From the initial proposal of the LikeCoin v3 Green Paper on May 8, 2024, to the community’s approval and funding in Q4 2024, followed by six months of development—3ook.com, the v3 application layer, took the lead on June 16, 2025, by launching the v2 NFT upgrade. Finally, on November 3, 2025, the 90-day token upgrade process was initiated during the monthly community call. After 21 months of dedication, the LikeCoin v3 upgrade is officially complete, just in time for the upcoming 8th Minting Anniversary on February 8.

The latest number of v3 holding wallets stands at 3,167 (excluding wallets with all funds deposited). The number of depositing wallets (i.e., those with voting rights) is 573, with a total of 698,854,750 LIKE in escrow, accounting for 46.59% of the total supply.

Additionally, among v3 users, 156 wallets are participating in decentralized curation, staking a total of 4,011,655 LIKE across 1,038 titles.

Last October, proposal LIP-98 approved the allocation of 10,000,000 LIKE as deposit rewards during the v3 migration period. Those funds were exhausted the day before yesterday as the migration period ended. Until the community approves the next allocation, LikeCoin deposit rewards are temporarily in a “gap period.”

In response, I have stepped up to submit proposal LIP-103, suggesting an allocation of another 5,000,000 LIKE to cover deposit rewards for the next 90 days. Based on the current amount of LIKE in escrow, this corresponds to an estimated annualized yield (APR) of 2.9%.

Although the reward period is also 90 days, the total amount has been halved. This is primarily because the previous allocation was based on the v2 staking volume of nearly 1,000,000,000 LIKE—significantly higher than the current v3 escrow volume. Therefore, my proposal reduces the requested amount by half to ensure the long-term sustainability of the ecosystem.

The one-week voting period for LIP-103 has five days remaining. I urge everyone with a vote to participate—our community is ours to govern.

LikeCoin v2 was launched on November 15, 2019, with upgrades opening simultaneously. After five or six years, there are virtually no v1 holders left to upgrade to v2. While our talk of the “v3 upgrade” for the past two years naturally refers to the v2-to-v3 transition, a small number of v1 holders resurfaced during the 90-day migration window seeking help to upgrade. At the time, I was unable to assist.

Now that the v2-to-v3 transition has completed, I have submitted another proposal to provide a final 30-day migration window for LikeCoin v1 holders to upgrade directly to v3. This aims to align the community and concentrate resources on v3 while giving those who contributed in the past one last chance to keep up.

Details can be found in LIP-104; please cast your vote on Snapshot.

Exactly 362 days ago, on the 7th anniversary, I was in Hualien and published the Declaration of LikeCoin DAO.

While parts of the Declaration originated from my ideas, the first draft was penned by Mr. Dung Kai-cheung (if I had the literary skill to write it myself, I wouldn’t have waited seven years!). It was then circulated within the community, with feedback and revisions contributed by Mashbean and Audrey Tang, among others. Overall, it is a community-authored document.

With the v3 upgrade complete, I plan to propose a community vote during the 8th anniversary to formally endorse this philosophy, further strengthening the Declaration’s legitimacy. Honestly, I’m not usually one for anniversaries; waiting a few more days is more of a tactic to remind users who have upgraded but not yet deposited: depositing not only earns you rewards (pending LIP-103), but more importantly, it grants you voting rights. Every 1 LIKE converted to 1 veLIKE (vote-escrow LIKE) corresponds to one unit of voting power. To participate in a vote, you must have escrowed before the proposal was made.

Except for the latest data, all of the above was discussed during Monday’s February community call. As a reminder, the LikeCoin community call takes place on the first Monday of every month at 18:30 (HK/TW time). It is held online and streamed live on YouTube. You are welcome to listen, chat, ask questions, or even promote your work.

If you wish to present during a call, please contact 3ook.com customer service.

On the 7th anniversary, besides publishing the Declaration of LikeCoin DAO, I committed to buying $100 USD worth of LikeCoin every day for at least three years (until the 10th anniversary).

A year has nearly passed, and I have accumulated over 20 million LIKE, exceeding 1% of the total supply. If you’re inspired, feel free to join me in buying 100 dollars of LikeCoin daily.

We had a minor incident last month. The LikeCoin website, Like.co, which was hosted on Notion, was suddenly flagged for “violating content policies” (a common occurrence for Hong Kongers, sadly). Consequently, Notion began showing warnings of potential “illegal, phishing, or scam” content before users could open the page. Our appeals were unsuccessful, so we simply replaced the underlying infrastructure.

The new website was spearheaded by Wancat, a new member of the Tech SubDAO. It looks ten times better than the previous version I was responsible for, and while the content is simple, all essential information is there.

I invite everyone to celebrate the 8th anniversary by visiting LikeCoin’s new home for a “housewarming.”

【The Declaration of LikeCoin DAO】 – 2025.02.08

To build a DAO through Likes, supported by coins.

“Like” is “讚”; Coin is “托”; “DAO” is “邦”.

LikeCoin DAO is founded on the infrastructure and practice of publishing, with the greater ambition of fostering a new, universal cultural paradigm.

The meaning of a “Like” is affection, appreciation, support, recognition, connection, sharing, and also value exchange.

We use LikeCoin as our token to transform “Likes” into a medium for value storage and exchange, realizing a cultural vision through material technology.

The value we speak of is the value of people, not the value of commodities; the exchange we speak of is reciprocal and equal between people—gifts and rewards, not speculation or consumption.

Our vision is: to use “Likes” to record history, preserve culture, encourage autonomy, protect freedom, and revolutionize publishing. We provide support and incentives, eliminate barriers and obstacles, allowing creators to be directly rewarded and readers to freely access information.

We are committed to building a user-friendly, low-barrier technical entry point and welcome all who share the same philosophy to join.

We are committed to making LikeCoin DAO transcend the limitations of time, place, and person, becoming a widespread technological application and cultural practice that is open, free, and shared.

We are not just “us,” but also “you” and “they.” We are a plurality of people, a community of free association and shared value. As long as you are willing to Like, you are a Liker – citizen of the LikeCoin DAO.

p.s. Some readers felt my p.s. last week regarding the HK “Bus Security Law” was crude, like a “Bus Uncle.” That’s only natural, because I am indeed exactly that—a “Bus Uncle.” For readers who don’t follow Hong Kong news, just after my rant, the law was actually withdrawn only six days after implementation. Of course, it wasn’t because of me, but because they realized they had botched the legal wording during the legislative process. Please don’t find it absurd that this happens in “Perfected” Hong Kong; legislators are so busy they rarely get to ride a bus, and government officials are preoccupied with national planning. Mistakes in haste are normal; the public should be understanding. No one should be held accountable.

The 90-day migration period for LikeCoin v3 officially concluded on February 2. During the migration perioid, a total of 1,282,627,812 LIKE v2 were upgraded to v3, representing 85.5% of the total supply of 1,500,000,000 LIKE.

From the initial proposal of the LikeCoin v3 Green Paper on May 8, 2024, to the community’s approval and funding in Q4 2024, followed by six months of development—3ook.com, the v3 application layer, took the lead on June 16, 2025, by launching the v2 NFT upgrade. Finally, on November 3, 2025, the 90-day token upgrade process was initiated during the monthly community call. After 21 months of dedication, the LikeCoin v3 upgrade is officially complete, just in time for the upcoming 8th Minting Anniversary on February 8.

The latest number of v3 holding wallets stands at 3,167 (excluding wallets with all funds deposited). The number of depositing wallets (i.e., those with voting rights) is 573, with a total of 698,854,750 LIKE in escrow, accounting for 46.59% of the total supply.

Additionally, among v3 users, 156 wallets are participating in decentralized curation, staking a total of 4,011,655 LIKE across 1,038 titles.

Last October, proposal LIP-98 approved the allocation of 10,000,000 LIKE as deposit rewards during the v3 migration period. Those funds were exhausted the day before yesterday as the migration period ended. Until the community approves the next allocation, LikeCoin deposit rewards are temporarily in a “gap period.”

In response, I have stepped up to submit proposal LIP-103, suggesting an allocation of another 5,000,000 LIKE to cover deposit rewards for the next 90 days. Based on the current amount of LIKE in escrow, this corresponds to an estimated annualized yield (APR) of 2.9%.

Although the reward period is also 90 days, the total amount has been halved. This is primarily because the previous allocation was based on the v2 staking volume of nearly 1,000,000,000 LIKE—significantly higher than the current v3 escrow volume. Therefore, my proposal reduces the requested amount by half to ensure the long-term sustainability of the ecosystem.

The one-week voting period for LIP-103 has five days remaining. I urge everyone with a vote to participate—our community is ours to govern.

LikeCoin v2 was launched on November 15, 2019, with upgrades opening simultaneously. After five or six years, there are virtually no v1 holders left to upgrade to v2. While our talk of the “v3 upgrade” for the past two years naturally refers to the v2-to-v3 transition, a small number of v1 holders resurfaced during the 90-day migration window seeking help to upgrade. At the time, I was unable to assist.

Now that the v2-to-v3 transition has completed, I have submitted another proposal to provide a final 30-day migration window for LikeCoin v1 holders to upgrade directly to v3. This aims to align the community and concentrate resources on v3 while giving those who contributed in the past one last chance to keep up.

Details can be found in LIP-104; please cast your vote on Snapshot.

Exactly 362 days ago, on the 7th anniversary, I was in Hualien and published the Declaration of LikeCoin DAO.

While parts of the Declaration originated from my ideas, the first draft was penned by Mr. Dung Kai-cheung (if I had the literary skill to write it myself, I wouldn’t have waited seven years!). It was then circulated within the community, with feedback and revisions contributed by Mashbean and Audrey Tang, among others. Overall, it is a community-authored document.

With the v3 upgrade complete, I plan to propose a community vote during the 8th anniversary to formally endorse this philosophy, further strengthening the Declaration’s legitimacy. Honestly, I’m not usually one for anniversaries; waiting a few more days is more of a tactic to remind users who have upgraded but not yet deposited: depositing not only earns you rewards (pending LIP-103), but more importantly, it grants you voting rights. Every 1 LIKE converted to 1 veLIKE (vote-escrow LIKE) corresponds to one unit of voting power. To participate in a vote, you must have escrowed before the proposal was made.

Except for the latest data, all of the above was discussed during Monday’s February community call. As a reminder, the LikeCoin community call takes place on the first Monday of every month at 18:30 (HK/TW time). It is held online and streamed live on YouTube. You are welcome to listen, chat, ask questions, or even promote your work.

If you wish to present during a call, please contact 3ook.com customer service.

On the 7th anniversary, besides publishing the Declaration of LikeCoin DAO, I committed to buying $100 USD worth of LikeCoin every day for at least three years (until the 10th anniversary).

A year has nearly passed, and I have accumulated over 20 million LIKE, exceeding 1% of the total supply. If you’re inspired, feel free to join me in buying 100 dollars of LikeCoin daily.

We had a minor incident last month. The LikeCoin website, Like.co, which was hosted on Notion, was suddenly flagged for “violating content policies” (a common occurrence for Hong Kongers, sadly). Consequently, Notion began showing warnings of potential “illegal, phishing, or scam” content before users could open the page. Our appeals were unsuccessful, so we simply replaced the underlying infrastructure.

The new website was spearheaded by Wancat, a new member of the Tech SubDAO. It looks ten times better than the previous version I was responsible for, and while the content is simple, all essential information is there.

I invite everyone to celebrate the 8th anniversary by visiting LikeCoin’s new home for a “housewarming.”

【The Declaration of LikeCoin DAO】 – 2025.02.08

To build a DAO through Likes, supported by coins.

“Like” is “讚”; Coin is “托”; “DAO” is “邦”.

LikeCoin DAO is founded on the infrastructure and practice of publishing, with the greater ambition of fostering a new, universal cultural paradigm.

The meaning of a “Like” is affection, appreciation, support, recognition, connection, sharing, and also value exchange.

We use LikeCoin as our token to transform “Likes” into a medium for value storage and exchange, realizing a cultural vision through material technology.

The value we speak of is the value of people, not the value of commodities; the exchange we speak of is reciprocal and equal between people—gifts and rewards, not speculation or consumption.

Our vision is: to use “Likes” to record history, preserve culture, encourage autonomy, protect freedom, and revolutionize publishing. We provide support and incentives, eliminate barriers and obstacles, allowing creators to be directly rewarded and readers to freely access information.

We are committed to building a user-friendly, low-barrier technical entry point and welcome all who share the same philosophy to join.

We are committed to making LikeCoin DAO transcend the limitations of time, place, and person, becoming a widespread technological application and cultural practice that is open, free, and shared.

We are not just “us,” but also “you” and “they.” We are a plurality of people, a community of free association and shared value. As long as you are willing to Like, you are a Liker – citizen of the LikeCoin DAO.

p.s. Some readers felt my p.s. last week regarding the HK “Bus Security Law” was crude, like a “Bus Uncle.” That’s only natural, because I am indeed exactly that—a “Bus Uncle.” For readers who don’t follow Hong Kong news, just after my rant, the law was actually withdrawn only six days after implementation. Of course, it wasn’t because of me, but because they realized they had botched the legal wording during the legislative process. Please don’t find it absurd that this happens in “Perfected” Hong Kong; legislators are so busy they rarely get to ride a bus, and government officials are preoccupied with national planning. Mistakes in haste are normal; the public should be understanding. No one should be held accountable.