MING -
MiningPayouts and feesChange

Mining

Payouts and fees

What the drawn tile receives, and what comes off first.

The protocol fee: 10% of what was deployed on the tiles not drawn
  • Bought back and burned89%
  • Goldpot10%
  • Stakers1%

Before that, an admin fee of 1% comes off everything deployed.

On the drawn tile

The miners on the drawn tile get their own BNB back, plus what the other tiles deployed, less the fees, shared in proportion to what each of them put on the drawn tile.

The fees

An admin fee of 1% comes off everything deployed, and runs the protocol. Then a 10% protocol fee is taken from what was deployed on the tiles that weren't drawn, and split three ways: 89% buys MING on the open market and burns it, 10% buys gold for the goldpot, and 1% buys gold for the people staking MING.

To the miners on the drawn tileEverything else
Protocol fee, on the tiles not drawn10%
Of that fee, bought back and burned89%
Of that fee, gold for the goldpot10%
Of that fee, gold for stakers1%
Admin fee, runs the protocol1%

When nobody is on the drawn tile

There is no payout. After the 1% admin fee, everything goes to the protocol fee and is split the same three ways, and no MING leaves the reward vault.