MING -
Fine printGlossaryChange

Fine print

Glossary

The words the site uses, and what they mean.

Tile
One of the 25 squares on the grid. You mine a tile by deploying BNB on it.
Round
60 seconds in which tiles can be mined, then one is drawn.
Deploy
Put BNB on the tiles you picked for a round.
Drawn tile
The one tile chosen at the end of a round. Every tile has the same 1 in 25 chance.
Payout
What the miners on the drawn tile receive: BNB, and the round's MING.
Covered all
A round where you mined all 25 tiles, so you were on the drawn one.
Goldpot
Gold that builds every round and pays out all at once to a drawn tile.
XAUT
Tether Gold. One token is one troy ounce of gold.
Unprocessed MING
MING you mined that is waiting to be claimed. Claiming takes 10%, shared among the holders.
Processed MING
MING claimed into your wallet.
Claim
Move what you are owed into your wallet, in one transaction.
Staking
Depositing MING to earn a share of the gold bought for stakers.
Withdraw
Take staked MING out: in full after 24 hours, or at once with 10% burned.
Reserve
Gold from the trade tax, placed below the MING price to buy MING if the price falls.
Trade tax
3% on every MING trade: 2% to the reserve, 1% to the team.