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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The Stone Fire

Stone Fire

2% of all $MIND traded are burnt in The Stone Fire. The more that is traded, the more get put into the fire causing the stone fire to grow in size, larger and larger through self fulfilling Auto-Compounding, reducing the circulating supply and keeping the Mind protocol stable.

The other benefit to an everlasting burn of circulating supply is that due to the deflationary nature of it, equates to a higher value of each $MIND token, therefore increasing the individual value.

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Last updated 3 years ago

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