Minting Difficulty
Last updated
Last updated
Drawing inspiration from Bitcoin’s mining framework, DAC employs a smart contract to dynamically adjust the rate at which new MEN tokens are introduced into the circulating supply. This mechanism monitors user activity within the MetaMinting process, calibrating minting speed to uphold the ecosystem’s stability and integrity. As participation in MetaMinting grows—reflected by an increase in the system’s Staking Balance—the smart contract elevates minting difficulty, ensuring tokens are released at a controlled, equitable pace across the network.
This adaptive difficulty adjustment is a cornerstone of DAC’s commitment to decentralization and security. By increasing the effort required to mint tokens as more users engage, the system prevents any single participant from dominating the minting process, safeguarding the network against centralization risks and potential misuse. The rising difficulty fosters a balanced distribution of minting power, aligning with Web3 principles of distributed governance and resilience.
When minting difficulty escalates, the process demands greater user contribution, slowing the introduction of new tokens into circulation. This deliberate design choice maintains equilibrium within the ecosystem, adapting to community activity while preserving the decentralized ethos. Should participation levels remain steady or grow, this controlled release mechanism supports the network’s long-term sustainability, reinforcing DAC’s role as a secure, community-driven Web3 platform.
The daily minting rate will decrease by 0.1% for each milestone reached by the accumulated Total Staking Balance from all Minters in the Smart Contract.