This site is dedicated to spreading the word about exciting NFT projects!
Don’t miss the latest Airdrop go here Airdrop&NFT
Are you interested in testnets? This is the section for you, go here Testnet
Follow and support me on Medium!
GoMining protocol
has unveiled the latest v2 version and introduced a fresh perspective on the narrative surrounding Liquid Bitcoin Hashrate tokens (LBH). These LBH tokens are poised to emerge as a novel form of yield-bearing asset within the Defi realm, symbolizing active engagement in the Bitcoin PoW consensus mechanism and finding widespread utility in Defi applications.
The rollout includes a revamped GMT token model, strategically designed to foster the growth and expansion of the LBH ecosystem.
The utilization of the token offers diverse avenues for token holders:
- Engage in staking to earn passive income.
- Serve as a payment method for purchasing NFTs, groundbreaking NFTs that directly mine bitcoins.
- Facilitate transactions as a means of payment in online retail.
- Enable transactions within the NFT Game, covering in-game mechanics.
- Act as payment for various services, encompassing digital mining, real equipment hosting, and partner programs.
- Attain royalties in GoMining tokens via sales conducted through referral links.
What does GoMining Staking entail? 
GoMining Staking presents an avenue for passive yield generation by holding and locking your tokens for a specified duration. It’s crucial to note that GoMining Staking doesn’t function under the Proof-of-Stake mechanism. Instead, it operates through smart contracts using ERC-20 protocols. The distribution of rewards is guaranteed by the intelligent contract code governing GoMining Staking.
Where do the staking rewards originate?
The tokens staked by users demonstrate a commitment to long-term ownership of GoMining tokens. A higher number of tokens staked within GoMining’s smart contracts positively influences the token’s exchange rate and contributes to the company’s consistent growth. We employ staked GoMining tokens as collateral to acquire new equipment and generate mining yields, which, in turn, fund staking rewards. Thus, by contributing GMT tokens, you aid the company’s expansion and gain personal benefits through staking rewards.
The GoMining Champions Program
The program will run from July 31, 2023 to September 30, 2023.
Prize Pool is $30,000 (225,000 GMT tokens) and 86 GoMining NFTs.
Top 1 XP: 20,000 GMT tokens + 3 NFTs
Top 2 XP: 13,000 GMT tokens + 2 NFTs
Top 3 XP: 8,500 GMT tokens + 1 NFT
Top 4–10 XP: 5,000 GMT tokens + 1 NFT
Top 11–20 XP: 2,500 GMT tokens + 1 NFT
Top 21–30 XP: 1,500 GMT tokens + 1 NFT
Top 31–100 XP: 800 GMT tokens
Top 101–150 XP: 400 GMT tokens
Top 151–300 XP: 150 GMT tokens
150 random participants who don’t get into the top 300 will get 100 GMT tokens and 50 NFTs will be randomly distributed among all of the participants.
How to Participate To participate in the GoMining Champions Program, users must our current Zealy Sprint and complete at least one quest.
Link Zealy: https://zealy.io/c/gominingcommunity/invite/u_1wjU9V8EdGHigjRlHmw
Applause and support as a referral member are greatly appreciated!
This site is dedicated to spreading the word about exciting NFT projects!
Don’t miss the latest Airdrop go here Airdrop&NFT
Are you interested in testnets? This is the section for you, go here Testnet
Follow and support me on Medium!
Sign up with your email and always get a preview of all the best Airdrop. Read every story from Airdrop_news (and thousands of other writers on Medium).
Your membership fee directly supports Airdrop_news and other writers you read. You’ll also get full access to every story on Medium. https://medium.com/@nikosnft/membership
“The information provided is for informational purposes only and does not constitute investment advice, financial advice, or a recommendation to buy or sell any financial instrument. All investment decisions should be based on your own evaluation of your investment needs, investment objectives, and financial situation. The value of investments may increase or decrease, and investors may not recover the full amount invested. Investments in financial instruments always involve a certain degree of risk, and investors are responsible for understanding the risks associated with the investments they make. Before making any investment, it is recommended to seek the help of a qualified and authorized financial industry professional.”
Follow on https://twitter.com/Nikonfts
