From Revenue To Rewards.
Minutes Network's net revenues are used to algorithmically purchase MNTs as part of
our constant buy-back and reward programme.
- MNT rewards are purchased on-market by smart contract for automatic distribution. There are no manual or orchestrated secondary market interventions by any party connected to Minutes Network Ltd or Minutes Network Token LLC
- MNT rewards are allocated across the following groups:
- Node Stakers (10%)
- MNT Stakers (60%)
- Network Users (15%)
- Minutes Network (15%)
- Node Holders rewards are allocated on a weighted, pro rata basis
- Each Switch Node that is fully operative during an Epoch generating 0.01% of the Epoch reward pool
- Each Validation Node that is fully operative during an Epoch generating 0.002% of the Epoch reward pool
- Node Holders also share from 37.5million Early Staking rewards over the first 24 months. These are similarly distributed on a weighted pro-rata basis. To be eligible for these rewards the Node must be staked and operative for the whole Epoch. Any of these rewards that are not eligible to be claimed each month will be burned.
- MNT Staker rewards are issued on a pro rata basis for every MNT staked.
- These rewards are subject to an algorithmic burn which is related to the proportion of the total circulating supply that is staked.
- For the purpose of this calculation, any MNT in the wallets for Network Expansion and User Rewards, and any MNT staked agains t Unity Nodes are excluded from the circulating supply.
- For full details see Tokenomics
Join The Exclusive MNT Token Generation Event.
MNT is a stand-out crypto project, built on the base of the international telecommunications industry and driven by large-scale, regularised, fiat revenues.
Token Generation Event Progress
Total MNT Supply (100%)
500,000,000 MNTs
500,000,000 MNTs
Public Sale (10%)
50,000,000 MNTs
50,000,000 MNTs
TGE MNT Price Per Token$0.30
Minimum Threshold Staking Per Node
Switch Nodes (500)50,000 MNTs
Validation Nodes (2,500)10,000 MNTs
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