Gomining

The first Burn &amp; Mint cycle will be completed tomorrow.&#x1fa99;All GoMining tokens that NFT holders have spent to pay for the electricity of their digital miners since the launch of veTokenomics will be completely burned and minted in a smaller volume.The newly minted tokens will be distributed as follows:⬛️Service Providers — 65%; ◼️veTokenomics — 20%; ◾️NFT Rewards — 10%; ▪️GoMining Team — 5%.The exact number of burned and minted GoMining tokens will be known tomorrow. We will announce the final figures and publish such statistics weekly.For those getting 20% of the new tokens:&#x1f512;As of the time of writing this post, holders have locked more than 6,000,000 tokens on the veGOMINING smart contract, for which they received more than 1,800,000 votes.Rewards will be distributed based on voting power, that is, the share of a holder&#39;s veGOMINING votes to all of the votes released.✅Payments will be received every Tuesday on a separate smart contract, from where users will be able to withdraw tokens to their wallet.To do so, users must click Withdraw in the Reward balance card in the <a href="https://app.gmt.io/ve-my-votes" rel="noopener noreferrer nofollow">My Votes</a> section.If desired, holders can accumulate rewards and withdraw them immediately in large amounts.&#x1f913;How to figure out how many GoMining tokens you will receive tomorrow for your veGOMINING votes?Use this formula:my reward &#61; next reward * my voting powerYou can find all the values in the veGOMINING section.&#x1f4c8;You can also find APR veGOMINING votes there.This value is dynamic and today it has reached an incredible value of 867.77%.

veGOMINING Votes: the First Rewards on Tuesday

GoMining

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