Minedrop Protocol
  • πŸ“”Mind Overview
  • πŸŒ€How does the Autostaking feature work?
  • ☸️Multi-chain farming using MIF
  • πŸ’°How does MIND generate revenue to backup high APY?
  • πŸ’ MIND INSURANCE FUND (MIF)
  • πŸ”ΆMIND TREASURY
  • πŸ”₯The Stone Fire
  • πŸ’ΉWhat is APY?
  • πŸ“²How is the APY calculated?
  • 🟒MIND Token
  • πŸ’ΈMind Presale
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How does the Autostaking feature work?

Autostaking description.

The MAP Auto-Stake feature is a simple yet cutting-edge function called Buy-Hold-Earn, that provides the ultimate ease of use for $MIND holders.

Buy-Hold-Earn - By simply buying and holding $MIND token in your wallet, you earn rebase rewards as interest payments directly into your wallet. Your tokens will increase every 15 minutes.

Using a Positive Rebase formula, Mind makes it possible for token distribution to be paid directly proportional to the epoch rebase rewards, worth 0.02422% every 15 minute epoch period of the total amount of $MIND tokens held in your wallet. The rebase rewards are distributed on each EPOCH (15 minute rebase period) to all $MIND holders.

This means that without moving their tokens from their wallet, Mind holders receive an annual compound interest of 385,047.90% for Year 1.

The interest rebase rate then reduces after the first 12 months

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Last updated 3 years ago

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