In the ever-evolving crypto world, innovation is the main key that drives growth and sustainability. One of the latest innovations that is attracting attention is Minu (MINU), known as a dog coin that can be mined on Binance Smart Chain (BSC). The following is an explanation of what Minu is, the uniqueness of the MINU token, the utilities it offers, and the tokenomics that are the basis of its digital economy.
What is Minu (MINU)?
Minu is a meme token that operates on the Binance Smart Chain network , introducing a unique concept in the world of crypto mining, different from other crypto tokens, Minu offers an innovative mining mechanism through its decentralized application (dApp), allowing token holders to be involved in the mining process and get rewards directly.
Also Read: What is BONK: Solana-Based Meme Coin, Dogecoin Competitor
What is MINU Token?
MINU tokens are digital assets that are a means of payment for the Minu ecosystem. This token not only functions as a transaction tool in the Minu dApp but also provides mining rights to the holder. Uniquely, Minu implements a mechanism that provides daily rewards of 8% in the form of BNB to miners, while increasing the Total Value Locked (TVL) in miner contracts by 2% from each transaction (both buying and selling).
Also Read: How to Mining Cryptocurrency?
How is MINU Utility?
The main utility of Minu lies in its ability to provide daily mining rewards to token holders. This not only creates a source of passive income for the community but also strengthens the MINU token's position in the crypto ecosystem. Additionally, by leveraging the Binance Smart Chain, Minu offers fast transactions and low gas fees, making it an attractive option for crypto investors and users.
Tokenomic MINU
Minu tokenomics is designed to support the growth and stability of the ecosystem. With a mechanism that allocates 2% of each transaction into miner contracts, Minu automatically increases the TVL value, which is an important indicator of strength and trust in a crypto project. Additionally, the distribution of daily rewards in BNB adds a layer of utility and incentive for miners to continue participating and supporting the Minu ecosystem.
Minu Development Phase
The Minu project is designed to be implemented in three main phases, from pre-launch to post-launch development, with each phase bringing new features and advancements to the Minu ecosystem.
Phase 1: Pre-launching
- launching Website and Social Media : As the first step to building an online presence and community.
- Mining DApp release : Launch of a decentralized application to start mining mechanisms.
- Smart Contract and DApp Mining audits : To ensure code security and reliability.
- KYC Certificate : Increases trust and transparency in the project.
- Mass Marketing Campaigns : To attract attention and participation from the crypto community.
- Browser Information Update : Improves the accessibility and transparency of transaction data.
- Listing on Major Tracking Sites : Expanding the visibility of Minu and its mining DApp.
Fase 2: launching
- Minu Pre-Sale and Token Launch : Starting token distribution to the public.
- Mining DApp Launch : Enables mining functionality for token holders.
- CoinMarketCap/Coingecko Tracking : Increases project visibility and validity.
- Mass Marketing Campaigns : To continue momentum and increase adoption.
Phase 3: Post-launch
- Listing on Various Centralized Exchanges : Increases token liquidity and accessibility.
- Minu Mobile Application Development for Android and iOS : Making it easy to access and use the Minu ecosystem.
- Verified Market Cap on CoinMarketCap and Coingecko : Confirms Minu's market position.
- Minu Blockchain Launch with MINU as Native Mining Coin : An ambitious step to strengthen the Minu ecosystem with its independent blockchain.
FAQ including Token MINU
What is MINU Token?
The MINU token is a digital asset that serves as the main unit in the Minu ecosystem, which runs on the Binance Smart Chain (BSC). These tokens allow holders to engage in unique mining activities on the platform, receive daily rewards, and participate in ecosystem decision-making through governance mechanisms.
How Does MINU Token Mining Work?
MINU Token Mining operates through a unique dApp (decentralized application), where token holders can “mine” by holding their MINU tokens. As part of the mining mechanism, token holders receive daily rewards in the form of BNB, while 2% of each transaction (both buying and selling) is allocated to the miner's contract, automatically increasing the Total Value Locked (TVL) in the ecosystem.
How to Get MINU Tokens?
MINU tokens can be obtained through various methods, including participating in token pre-sales (where available), purchasing them on crypto exchanges that list MINU after the official launch, or through mining activities on the Minu dApp for those who already own the tokens.
Apa Manfaat Hold Token ME?
Holding MINU tokens provides several benefits, including the ability to receive daily mining rewards, increase the ecosystem TVL, and participate in the governance of the Minu ecosystem. This creates opportunities for passive income as well as making an impact in the future development of the ecosystem.
Is There a Limit on the Number of MINU Tokens?
Details regarding the maximum supply or limit on the number of MINU tokens should be referred to from the whitepaper or official announcement by the Minu team. Token supply is often set to ensure scarcity and influence the value of the token in the long term.
Where Can I Store My MINU Tokens?
MINU tokens, which run on the Binance Smart Chain, can be stored in BSC-compatible wallets, including Trust Wallet, MetaMask (with BSC configuration), and BSC-enabled hardware wallets such as Ledger. It is important to use a secure wallet and ensure that you have a backup of your private keys.
Is the MINU Token Verified?
Token and smart contract verification is an important part of the security and transparency of the ecosystem. Information about MINU smart contract audits and KYC certification can be found on Minu's official website or through community announcements. Auditing and verification increases trust in the ecosystem and ensures that security best practices are followed.
Conclusion
Minu (MINU) offers a new approach to crypto mining with an emphasis on daily rewards and increasing TVL. Through this innovation, Minu not only provides economic benefits to token holders but also contributes to the dynamism and sustainability of the crypto ecosystem as a whole. As its growth and adoption continue to increase, Minu has the potential to become one of the influential tokens on the Binance Smart Chain.
How To Crypto from Bittime
You can buy and sell crypto assets in an easy and safe way via Bittime . Bittime is one of the best crypto applications in Indonesia and is officially registered with Bappbeti.
To be able to buy crypto assets on Bittime , make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application.
Monitor price chart movements of Bitcoin (BTC) , Ethereum (ETH ), Solana (SOL) and other cryptos to find out today's crypto market trends in real-time on Bittime.
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DISCLAIMER : This article is informational in nature and is not an offer or invitation to sell or buy any crypto assets. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices can change significantly from time to time and Bittime is not responsible for changes in fluctuations in crypto asset exchange rates.
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