Gomining

&#x1f929; Our veTokenomics is celebrating a mini-anniversary.Today the 10th Burn &amp; Mint cycle has come to an end!&#x1f4ca; During this time, we managed to switch from zero to the 1st epoch, burn 20,501,442 GOMINING tokens and minted 16,506,168 new ones, thereby decreasing the total supply by almost 4 million.At the same time, the amount of tokens on the veGOMINING smart contract continues to grow. To date, they have reached almost 48 million with an average lock period of 2 years.This was a general statistic, but let’s move on to the results of the 10th Burn &amp; Mint cycle:&#x1f525; 2,223,239 GOMINING tokens were burned; &#x1f528; 1,800,823 GOMINING tokens have since been minted.They were divided into the following categories:⚡️ 1,170,535 to the Service Provider; &#x1f512; 360,165 to the owners of veGOMINING votes; &#x1fa99; 180,082 to GoMining Rewards; &#x1f465; 90,041 to the GoMining team.The voting results for the 11th cycle are:&#x1f4cc; Extra Solo mining discount is 2.48%; &#x1f4cc; Pool mining multiplier is 1.1049х; &#x1f4cc; The Greedy Machines power has increased by 0.148% for each NFT sold from this collection.Thus, 0.54 BTC will be distributed for GoMining rewards. This is quite good considering the growth in the price of Bitcoin.Do you have our NFT, but still haven&#39;t switched to paying for maintenance with GOMINING tokens?Now’s the time to do it!This way you will not only get an additional 10% discount, but also leave your bitcoins (which are becoming more expensive every day) untouched.

Burn & Mint Smart Contract

GoMining

Other articles published on Oct 31, 2023

PM Stock (NYSE: PM) Shows False Breakdown, Will Reversal Sustain?

This Altcoin Became the New Choice of the Big Market Maker! Price Rises After Large Purchase!

Spain advances implementation of MiCA crypto framework, sets ambitious deadline

Uncovered Gems From Top Web3 Investors – Part 2

New UniBot contract exploited, UNIBOT token crashes

This Ethereum Rival Builds Momentum for Next Move According to Top Crypto Trader

Join our free newsletter for daily crypto updates!