Where the money goes
Every round's total is split three ways, and the split is the same every round.
| To the miners on the drawn tile | Everything else |
| Protocol fee, buys MING on the market | 10% |
| Admin fee, runs the protocol | 1% |
Buybacks
The protocol fee is 10% of every round. 9% buys MING on the open market: 95% of what is bought is burned for good and 5% goes to the staking pool as yield. The other 1% buys XAUT, Tether Gold, into the goldpot.
In a round where nobody was on the drawn tile there is no payout: 99% of the total is split the same way, nine parts to buybacks and one to the goldpot, and 1% goes to admin.
Claiming
Payouts are not sent to you automatically. They wait in your claimable balance until you claim them, which is one transaction. Claiming BNB and XAUT carries no deduction. Refining MING is described in the token section.
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