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. $MINE deflation

$MINE as a deflationary asset

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Last updated 10 months ago

By building $MINE as a deflationary token, as well as running our hosting arm, MinePro prioritizes an increase in $MINE's yield percentage offering over time for staked investors. While it may seem counter-intuitive to reject a minting or traditional capital investment system for endless expansion of the amount of ASICs we house, we instead pursue a unique model wherein the offered yield percentage keeps increasing as the total supply of $MINE decreases, and the total amount of ASICs we house, as well as Bitcoin we yield monthly increases. Meaning larger and larger monthly BTC rewards over time, with a lower and lower token pool for them to be shared to.

(note that both above graphics are projections)

Through building $MINE's tokenomics in this fashion, we have created a trading environment which will also gain value on token price through the speculation of market participants trading $MINE.

This is the mechanism which most cryptocurrency projects derive their sole value from.

While MinePro is an outlier in terms of deriving value from a real revenue source, it does not mean we can't ALSO gain extra value from setting our token metrics up in a way which encourages speculation, creating value for the DAO in multiple ways.