Total Mintable Tokens
Upon activating Minting accounts within DAC, users unlock an enhanced participation mode that amplifies their contribution to the ecosystem. This process involves locking users' tokens in the MetaMinting Smart Contract. By locking the tokens, the Smart Contract will notify the users of the Total Mintable amount of Tokens they can mint as daily rewards. This mechanism is not about financial multiplication but rather a way to deepen user engagement within the decentralized network, rewarding active involvement with additional tokens from a predefined pool managed by smart contracts.
Users participating in this Minting framework can access MEN tokens at a daily reward rate tied to the "Total Mintable Tokens" These tokens can be claimed to a Web3 wallet, incurring a 10% ecosystem contribution fee that supports network operations, or opted into a compounding process with no fee, allowing users to amplify their commitment. This compounding option reflects Web3’s ethos of user autonomy, enabling participants to reintegrate their rewards into the system, thereby strengthening their role in the ecosystem’s decentralized fabric. Over time, as tokens are minted, the "Total Mintable Tokens" naturally decreases, reflecting the dynamic balance of user activity and ecosystem resources.
The daily reward rate is governed by a smart contract that adjusts based on the Minting Difficulty—a decentralized parameter that scales with the collective tokens locked across the DAC network. As more users engage and the ecosystem’s staking activity grows, the smart contract recalibrates the reward rate to maintain equilibrium and support the platform’s long-term resilience. This adaptive design prevents over-centralization, ensuring that rewards remain proportional to community participation rather than individual accumulation. It’s a safeguard rooted in Web3 principles, promoting fairness and stability while empowering users to contribute to a secure, decentralized future.
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