RuneMine Token ($MINE)
Last updated
Last updated
$MINE is the native token fuelling the RuneMine ecosystem.
🞷 Powering Mine Nodes Mine Nodes form the backbone of 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.
🞷 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, and other supported networks.
🞷 Community Engagement and Incentives To encourage long-term participation, $MINE drives community rewards through:
Staking: Incentivizing token holders with rewards for securing and supporting the network.
Airdrops and Iniatives: Engaging active contributors and long-term holders with exclusive benefits tied to ecosystem milestones.
Full tokenomic details coming soon.