MINE Network (MNET)

MINE Network (MNET) is the first multi-chain mining metaverse that seamlessly connects the worlds of DeFi, GameFi, and NFTs into one consolidated, easy-to-use open-source protocol. With its innovative cross-chain mining solution, MINE Network allows retail miners to buy pTokens and stake them to earn mining rewards. This unique protocol also standardizes mining pools’ power, facilitating the contribution of additional mining pools to MINE Network and enabling easy integration of other blockchains through the MINE Network Bridge product.

One of the key advantages of MINE Network is its multi-chain support, making it the first cross-chain protocol to standardize mining power and token issuance for various mining projects, such as BTC, ETH, LTC, FIL, and more. Powered by Polkadot, MINE Network encourages miners to utilize their pTokens across different DeFi protocols on multiple chains, ensuring liquidity and scalability. The protocol leverages Polkadot’s OCW off-chain mechanism to monitor mining pool outputs, ensuring transparency for retail miners.

MINE Network also offers token value capture through various mechanisms. Retail miners who stake MINE tokens gain preemptive rights to purchase the first sale of pTokens. MINE token holders can participate in governance and voting, shaping the project’s direction. The protocol controls circulating supply through token burning, and market makers providing liquidity for pTokens and MINE tokens on decentralized exchanges are rewarded with MINE tokens. Advisors, such as Nikita Vassev, Orion Depp, Farrukh Shaikh, Pramod Mahadik, Ben Lakoff, Anthony Blackburn, and Martin Jessel, lend their expertise to support the project’s development and success.