Major progress for MNT node holders

[PRESS RELEASE – Kingstown, Saint Vincent and the Grenadines, August 27th, 2024]

minute network token The staff is happy to announce two new initiatives that considerably enhance their node holder rewards program.

First, the share of Epoch rewards allotted to node holders is elevated from 60% to 70%, with this extra 10% being excluded from the algorithm burn course of.

Secondly, all node holders will share from a particular reward pool of 37.5 million MNT, which will probably be distributed inside the first 24 months.

The minimal stake for switching nodes is 50,000 MNT, and the minimal stake for verification nodes is 10,000 MNT. Holders of every kind of node can obtain incremental rewards of 37,500 and seven,500.

Which means every node might return as much as 75% of the preliminary token stake to node holders inside the first two years, which is along with the month-to-month epoch MNT reward.

The pinnacle of the MNT token mentioned: “We listened very rigorously to the pursuits of node holders, as they’re key stakeholders within the success of the undertaking. These improvements considerably enhance the rewards accessible to node holders and supply folks with As many nodes as potential present a compelling motive.

Full particulars will be discovered within the MNT white paper at http://minesnetworktoken.io/whitepaper.

There are 119 change nodes and 1069 verification nodes accessible for staking. Buying a node will be executed by visiting portal.millionsnetworktoken.io.

About Minutes Community Token

Minute Network Token (MNT) is a product of Minutes Community Token LLC, an organization included in St. Vincent and the Grenadines with firm quantity 095LLC2022.

Minutes Community Token is the supply of this content material. This press launch is for informational functions solely. This data doesn’t represent funding recommendation or an funding supply.