GOMINING is project's native utility token. It combines a discount token, modified version of the burn and mint equilibrium (BME), and a veGOMINING (voter escrowed) governance model.
GOMINING token is designed to perform the following functions in the protocol:
Provide maintenance payments from NFT owners to service providers based on the discount token model;
Establish a rewards-based flywheel and governance rewards distribution via veGOMINING votes and governance system;
Distribute value among ecosystem participants in an algorithmic fashion;
Ensure the long-term engagement of hashrate NFT owners within the protocol based on veGOMINING votes and gamified activities.
The token provides the following utility to its holder:
It can be used to purchase LBH (Liquid Bitcoin Hashrate) on either the primary or secondary market;
It allows users to receive discounts on electricity fees paid from LBH holders to service providers;
It gives governance rights for protocol management (only for GOMINING locked on the veGOMINING smart contract);
It provides an opportunity to receive yield as rewards for governance (only for GOMINING locked on the veGOMINING smart contract).
Users can receive royalties in GOMINING tokens for the purchase of NFT through their referral link.
The discount model is directly coupled with the Burn & Mint model in the GoMining ecosystem.
This offer is based solely on information provided by the offeror and other publicly available sources.
The token sale or exchange event is completely independent of ICOholder. ICOholder is not involved in any way, including technical support or promotion.
We list token sales from entities with which we have no relationship to help users track overall activity within the token sector. This information is not intended as advice, and you should seek professional or specialist guidance or conduct your own due diligence before making any decisions based on our content.
Any terms and conditions regarding token acquisition are solely between contributors and the token issuer. ICOholder is not the seller of these tokens.
ICOholder is not legally responsible for any representations made by third parties about any token sale. Any claims for breach of contract must be directed against the listed token issuing entity.
If you have concerns about the nature, legality, or propriety of a token sale or the involved individuals, please contact info@icoholder.com with detailed information.