MinePro Documentation
  • Introduction to minepro
    • Project overview
  • The problem
    • Power cost
  • Solution
    • Logic Mining through MinePro
  • Halving effects
    • The gap increases further between industrial & retail Bitcoin mining
  • Competing solutions
    • Unattractive power rates and investment models
    • Startup style “cloud” mining, and zero revenue protocols.
  • Expansion
    • Hosting arm
  • Facility
    • Logic Mining's facility
  • $MINE deflation
    • $MINE as a deflationary asset
  • Opportunity size
    • Opportunity size
  • Internet Computer Protocol
    • Why ICP?
    • Decentralization
  • Long term vision
    • Long term vision
  • transparency
    • Transparency
  • team
    • The MinePro team
  • Tokenomics Abstract
    • The $MINE token
    • How $MINE works
  • In-depth tokenomics
    • $MINE use cases:
    • Tokenomics split
    • Staking mechanics
    • Sale minimums & maximums
    • SNS Parameters
    • Potential Attack Vectors
    • Funding Disbursement
    • Business model & profit split
  • Legal
    • Legal agreements and safeguards
  • Roadmap
    • Roadmap
  • Partners & ecosystem
    • Partners & ecosystem
  • more
    • Links
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  1. In-depth tokenomics

Tokenomics split

Previous$MINE use cases:NextStaking mechanics

Last updated 10 months ago

The $MINE token is a deflationary asset with a fixed initial supply. The total supply count of $MINE can only go DOWN.

The tokenomics are as follows:

  • Total Supply – 400,000,000

  • Treasury Allocation – 30% (Subject to DAO voting.)

  • Decentralized Sale Allocation – 40% (Including Neuron Fund) Development

  • Team – 10%

  • Early Contributors – 10%

  • Liquidity Allocation – 10%

Treasury Allocation – 30% (Subject to DAO voting.)

All funds, both ICP and $MINE will be held in the treasury which will be governed by the Dao.

Decentralized sale allocation - 40%

Each participant in the Decentralized sale will have the following unlock: There will be 6 equal neurons across 18 months, each being unlocked after 3 months. Dissolve delay will be set at 3 months.

Minimum neuron amount - 2000 $MINE

MinePro development team - 10%

The development team's tokens will be allocated in a basket of 8 equal value neurons with each having a dissolve delay of 3 months, all neurons will be vested throughout a period of 24 months and released in equal amounts every 3 months throughout the entire vesting period. This time period starts at the beginning of the SNS sale.

Early Contributors - 10%

This allocation is reserved for our early investment partners who’ve assisted us in the purchasing of our infrastructure costs. This was vital to assure that we can deploy MinePro immediately with no delays. Their tokens will be vested for 36 months across 6 equal value neurons. The first neuron will be released 6 months after sale, and subsequently, every 6 months until fully released. This will carry a minimum dissolve delay of 6 months.

Liquidity Allocation - 10%

This allocation is reserved for LP trading.