The $MINER token
A utility token, not an investment. Fixed supply, no emissions — utility and burn only.
Minted once at genesis. 1,000,000,000 $MINER.
No mint function. Supply only ever goes down, via burns.
No taxes, no blacklist. Owner is a 48h timelock (renounce-safe).
Genesis allocation
| Bucket | Share | $MINER | Vesting |
|---|---|---|---|
| Liquidity (DEX) | 60% | 600.00M | LP locked 12 months |
| Treasury | 15% | 150.00M | 24-month linear stream |
| Team | 10% | 100.00M | 6-month cliff, 18-month linear |
| Community airdrop | 10% | 100.00M | TGE + activity-based |
| CEX / partnerships reserve | 5% | 50.00M | Locked until governance vote |
Sinks — where $MINER goes to die
Mint burn
500 $MINER burned on every primary mint
Refurbish
5,000 / 10,000 / 25,000 $MINER by tier — burned to reactivate a miner
Merge
50,000 $MINER burned to stock-split two miners into one
Buyback & burn
5% of every mint's ETH market-buys $MINER and burns it
Marketplace fee burn
40% of the 5% secondary-sale fee buys back and burns $MINER
Spam-proposal slashing
$MINER staked behind a failed/spam IPO proposal is slashed
Utility — what it's for
Mint requirement
Hold & approve 500 $MINER per miner to mint
Refurbish & merge fuel
The token sink that keeps a miner earning or consolidates two into one
Governance weight
Stake to vote on IPOs — sqrt(staked) weight. ≥10k to vote, ≥250k to propose
Stake hash boost
+5% hash power on every miner you own while staked