Utility

Utility and Incentives

Staking Rewards: MINET holders can stake their tokens to earn a share of the profits from mining operations, creating a passive income stream while contributing to the platform's security and governance.

Governance Participation: Token holders have voting rights on key decisions, including project developments, mining pool selections, and sustainability initiatives, ensuring a decentralized and democratic ecosystem.

Access to Exclusive Features: Holding MINET tokens grants access to premium platform features, such as detailed analytics on mining operations, early entry into new mining pools, and participation in sustainable mining initiatives.

Mechanism for Stability and Growth

Buyback and Burn: A portion of the profits generated from mining operations will be used to buy back and burn MINET tokens, reducing the overall supply and potentially increasing the token's value over time.

Reinvestment: Profits are also reinvested into the platform for technological upgrades, expanding mining operations, and funding sustainability projects, driving growth and adding value to the Minetwork ecosystem.