💰Mining BNB Distribution
We'll break down the distribution of BNB within the DRIPX ecosystem to show how it supports the growth and sustainability of this decentralized digital asset.
Mining:
DRIPX is mined by combining BNB and time. This guide breaks down the BNB distribution strategy, crucial for the success of the DRIPX ecosystem.
BNB Distribution Breakdown:
Let's see how the distributed BNB is divided into three parts, each serving a specific role in the DRIPX ecosystem.
a. 67% for DRIPX Purchase and Burning:
The largest chunk, 67%, goes to a smart contract that buys DRIPX from the market using WDRIP on Pancakeswap v3. All bought DRIPX is burned, making DRIPX scarcer over time.
b. 28% for Payout Cycles:
28% is for payout cycles, rewarding users based on the number of shares they have. Users get BNB as a reward, encouraging participation and community engagement.
c. 5% for Genesis:
The remaining 5% goes to the Genesis Fund. Users should not have specific expectations for this fund. It may or may not be used for future development or community-building activities, providing flexibility for future improvements.
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