πŸ’°How does MIND generate revenue to backup high APY?

Revenue generation

Mind enables its holders to extensively compound their investment and returns, as the protocol auto rewards its holders with 0.02422% every 15 minutes with the compounding APY of 385,047.90%.

Seeing the size of this APY, one may wonder β€” how is such APY attainable?

Mind leverages a number of revenue-generating mechanisms:

The protocol will use Defi 3.0 Multichain Farming to increase the MIF exponentially at a rate of ~100% a year or more to better support MIND price floor.

Unlike others who have a static RFV fund that do not yield profit. We will use the MIF fund and the treasury fund to multichain farming. The MIF funds are bridged to other EVM-compatible blockchains - like Avalanche, Fantom, Solana, Metis, Polygon, etc. to farm at the highest APY farms and the profit returned to the MIF fund.

MIND seeks yield-generating opportunities across different protocols and chains. Not just stay at BSC, the money from Treasury will be bridged to Fantom, Avalanche, Ethereum or any emerging blockchains which have high profit yield farms and substantial APYs enabling Mind to deliver ~100% additional returns a year or more to better support MIND price floor. That's why we are confident that we can support higher APY than other projects while still sustainable.

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