The Incentive Program is designed to reward you for running a Minima node. Register now to earn 1 Minima Reward each day your node is connected to the network.

By Cryptospacepro | Cryptospacepro | 14 Apr 2022


The Incentive Program is designed to reward you for running a Minima node. Register now to earn 1 Minima Reward each day your node is connected to the network.

In order to run a node, you will need an Android, PC, Mac, or Linux - the iPhone/iOS version is on our future roadmap.   https://incentive.minima.global      

Tokenomics

Tokenomics describe how native platform tokens are allocated, issued, and used. Both Solana and Minima are underpinned by their native coins, Sol and Minima respectively

 

 

Solana: In May 2021, the research firm Messari was among the first to highlight how token allocation in various protocols including Solana suggest centralization of ownership.Solana has allocated 48% directly to insiders, and 13% to their foundation. Not all of these tokens are directly tradeable, some are vested over months.

Overall, Solana follows an inflationary model with a maximum supply of 1,000,000,000 SOL and a long-term inflation rate of 1.5%.

Minima: Minima is giving away 51% of the token allocation to the community. More importantly, anyone holding Minima doesn’t have any control over the network. How much Minima one owns doesn’t negatively impact the decentralization of the protocol, as we discuss here.

You can also find more on our tokenomics here.

In terms of token model, Minima is deflationary, with a flexible token burn mechanism, built into the protocol, which adjusts to cater to network traffic and over time reduces the supply of Minima in circulation

 

Ultimately, it is up to you to choose what you want to invest your time, money, and effort in. At Minima we side with Gavin Woods in believing that if a [normal] user cannot run a full node, “then it’s just another bank.”

Blockchain’s biggest goal is to serve the people using it. We believe that is best achieved by putting power and responsibility into everyone’s hands.

How do you rate this article?


1

1


Cryptospacepro
Cryptospacepro

Follow my Cryptospace and you get free tokens + in my Cryptospace you can find lots free tokens and coins! https://www.uhive.com/z/0ST9QED

Send a $0.01 microtip in crypto to the author, and earn yourself as you read!

20% to author / 80% to me.
We pay the tips from our rewards pool.