RuneMine
  • RuneMine | Mine Labs
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  • ROADMAP
    • MineBridge Core Expansion
  • Token & Governance
    • RuneMine Token ($MINE)
    • Council of Runes
  • Contracts, Audits, Security
    • MineBridge Audit
    • Security
  • Runes
    • What Are Runes
    • Runestones
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  • SPL Tokens
    • What Are SPL Tokens
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  1. Token & Governance

RuneMine Token ($MINE)

PreviousMineBridge Core ExpansionNextCouncil of Runes

Last updated 1 month ago

$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.

Overview:

  • Total Supply: 500,000,000 $MINE

  • Fully Diluted Valuation at TGE (FDV): $8,500,000

  • 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.

Tokenomics table for Public IDO.
$MINE Token Vesting Schedule