5.20 Mining of Things (MoT)
It is in Armonia's belief that every value-added activity within the Armonia ecosystem and community shall be rewarded. Mining to be conducted in smart-contract based mining pools is a good mechanism to support the activities.
In general, the following types of mining pools exist:
Mining category
Mining Ratio ($AMAX
)
Description
Blockchain development mining
30%
15%: for achieving milestone development: v1.0
, v2.0
and v3.0
; Afterwards, 15%: DAO
driven development
Main-blocks mining
5%
Halving every 30 months
Backup-blocks mining
5%
Ditto
Web3.0
mining
10%
To reward those who provide Web3.0
resources
Ecosystem development mining
25%
Any other beneficiary activities to the ecosystem development
The ecosystem development mining activities include but are not limited to the following:
Registration of accounts and invitation to other users to register their accounts;
Provide KYC/KYB service and verify the accounts onchain;
Provide other kinds of oracle services; and
Transfer main assets from other well-known blockchains.
Last updated