⛏️Virtual Mining

Mining DRIPX:

Harness the power of BNB, one of the world's largest cryptocurrencies, to mine DRIPX tokens.

At its core, DRIPX is designed to empower individuals with the freedom to transact and control their finances as they see fit.

Mining Process:

Choose Your Path: Single Miners, Batch Mining, or Mining Ladder

Creating your mining journey is simple and flexible, offering three pathways for users:

1. Single Miners: Craft a normal single miner, perfect for those who prefer a straightforward approach.

2. Batch Mining: Automate the creation of up to 8 miners simultaneously, saving time and effort. The outcome remains the same, multiplied by the number of miners batch-created.

3. Mining Ladder: Construct a mining ladder using the contract's single miner function. Define the interval rate and power to customize your mining experience.

Set Parameters for Mining:

- Number of Days: Choose a mining period ranging from 8 to 280 days, influencing the DRIPX you receive at the end of your miner.

- Mining Power: Specify the power for your miner, determining both the daily DRIPX yield and the cost of mining.

Daily Mineable Tokens:

- A cap of 8 billion tokens per day ensures a balanced distribution.

Mining Bonuses:

1. Early Adoption Amplifier: A bonus that starts at 10% and gradually decreases to 0% over 350 days, encouraging early participation.

2. dRank Bonuses: Assigned dRank determines bonus rewards, promoting ecosystem growth. The bonus starts at 3,500 DRIPX extra per max power miner that starts after you.

Mining Power Explained:

- Mining power dictates daily DRIPX yield and miner cost, creating a balance between rewards and expenses.

Penalties:

- Claim within the 7-day grace period to avoid penalties.

- After that 7-day grace period, you enter penalty zone, which looks like this:

if 1 day late ~> lose 1% of your claimable DRIPX if 2 days late ~> lose 3% if 3 days late ~> lose 8% if 4 days late ~> lose 17% if 5 days late ~> lose 35% if 6 days late ~> lose 72% if 7 days late ~> lose 99%

Limits:

- Each wallet is limited to a maximum of 1000 miners.

In summary, DRIPX mining offers a versatile and user-centric experience, combining freedom, flexibility, and rewarding mechanisms to build a robust and inclusive DeFi ecosystem.

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