RuneMine Token ($MINE)
$MINE is the native token that powers the RuneMine ecosystem - the core utility asset underpinning RuneMine's infrastructure, integrations, and growth across the Bitcoin, Solana, and NEAR networks.
🞷 Supporting Ecosystem Growth
$MINE is integral to the expansion of the RuneMine product suite:
RuneShot Launches: Facilitates seamless, gasless token creation and price discovery.
Trading: Powers advanced trading functionalities across Bitcoin, Solana, and BTC L2s.
Cross-Chain Liquidity: Unlocks smooth asset flow between Bitcoin, Solana, NEAR and other supported networks.
As integrations expand $MINE becomes increasingly central to protocol-level coordination.
🞷 Protocol-Backed Utility & Yield
Aligned in the latest Tokenomics 2.0, $MINE is directly tied to protocol usage and revenue:
20% of all RuneShot fees to be used to buyback $MINE on the open market, effective immediately at product launch.
Purchased $MINE is deposited into the MINE Staking rewards pool to reduce reliance on emissions and eventually replace them entirely.
As the fee volume scales and surpasses emission levels, staking APRs increase - without additional token inflation.
Creating a closed-loop incentive system where increased on-chain activity drives token demand, boosts staking yields, and reduces net circulating supply over time.
🞷 Planned Supply Sinks
New systems are being introduced to reduce circulating supply:
Integration Locks: Projects integrating MineBridge or RuneShot will need to buy and lock/burn $MINE for access.
Mine Node Bonding: Validators will bond $MINE to secure the network and earn a share of fees.
BTC Yield Vaults: (In development) native BTC revenue share to stakers as the product suite scales.
🞷 Powering Mine Nodes Mine Nodes will play an essential role in the decentralization of the MineBridge. $MINE enables:
Node Operation: $MINE is required to operate and delegate to Mine Nodes, which secure the MineBridge and validate cross-chain transactions.
Node Rewards: Node Operators earn rewards in $MINE, incentivizing active participation and ensuring the bridge’s resilience and scalability.
🞷 Decentralized Governance $MINE fuels decentralized decision-making within the RuneMine ecosystem. Through governance, token holders gain the ability to:
Propose and vote on key protocol upgrades, including bridge mechanics, integrations, and network expansions.
Participate in the Mine Labs Council of Runes, ensuring transparency and community-driven strategic direction.
🞷 Community Engagement and Incentives To encourage long-term participation, $MINE drives community rewards through:
Staking: Live now. Rewards are tied to protocol fee buybacks, with future enhancements planned.
Airdrops and Iniatives: Engaging active contributors and long-term holders with exclusive benefits tied to ecosystem milestones.
Overview:
CA: M1NEtUMtvTcZ5K8Ym6fY4DZLdKtBFeh8qWWpsPZiu5S
Total Supply: 500,000,000 $MINE
Chain: Solana (SPL) [Soon: Runes and NEAR]
Initial Unlock: 20% at TGE, with remaining tokens vested linearly over 6 months.
Launch Structure:
$MINE will launch through a multi-platform IDO across leading multi-chain launchpads.
Designed to maximize accessibility for both Bitcoin and Solana ecosystems while ensuring broad, decentralized distribution.
Utility and Value Accrual:
Governance: $MINE holders shape the future of RuneMine, voting on protocol upgrades and decentralization initiatives.
Staking Rewards: Secure the network and earn rewards as adoption and cross-chain activity grow.
Community and Protocol Growth: $MINE fuels RuneMine’s products - RuneShot, Trading Terminal, MineBridge, and future expansions to BTC L2s and EVM-compatible chains.
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