How it actually should work
SUSTAINABLE LIQUIDITY MINING AS ENVISIONED BY BLOCK-MINE
Blockmine is determined to provide sustainable liquidity mining, one which serves the purpose it was designed for — TO PROVIDE LIQUIDITY (… and to EARN LIQUIDITY SUSTAINABLY) …
✍️ Money NOT just generated out of thin air.
✍️ NO high incentive of the BIG BAGS to cart users’ money.
✍️ HIGH incentive to KEEP the money in the LIQUIDITY POOLS.
The LIQUIDITY REWARDS are covered by:
- 1.the deposit fees (3%) that the platform receives…
- 2.the native token minting in a sustainable manner as part of the sustainability contract…
- 3.the gaming fees (see below for more information)…
- 4.and finally by the fees of the revolutionary DEX protocol (restricted chain routing RCR, see roadmap). The fees are DISTRIBUTED as analyzed below (considering a 3% fee, different fees have the same ratio of fee distribution):
✍️ 1.84% are paid out to LIQUIDITY PROVIDERS.
✍️ 0.92% are used for smart buybacks and AUTOMATIC burns over time
✍️ 0.15% goes to BLOCKMINE TREASURY, to be used for DEVELOPMENT & MARKETING COSTS (more people, more transactions, more gaming people, more revenue for liquidity providers).
✍️ 0.09% are used as fees paid to platform Operators.
✍️ … smart decaying and varying, non-fixed coin minting.
✍️ … automatic smart buyback and burn algorithms to ensure stable growth.
✍️ … limited utility tokens linked to the native platform token, thus, serving as a deflationary mechanism.
✍️ … locked LPs in mines to prevent the “1-day-jump-in-jump-outs” of BIG BAGS.
✍️ … having awesome utilities of tokens due to the gaming features and DEX.
✍️ … revolutionary DEX with restricted chain routing (RCR protocol).