Mining Revenue Sharing

NovaDeFi
Nov 20, 2020

The following data below are calculated with 30 ETH monthly revenue.

Live Dashboard For Mining Farm Revenue :
https://mining.novadefi.com

For every ETH mined there is 60% for the community and 40% for the team.

60% for the community — This is divided by the following:

- 60 % in buyback and burn
- 40 % in NMT distribution among stakers.

Reason 1 : To guarantee project value expansion by buying back and burning tokens from the open market you can make value increase of the project because the supply get smaller and demand will rise and because of this price will increase.

Reason 2 : To incentivize staking NMT distribution will take place among stakers.

Reason 3 : Why is this the best option? NMT holders are getting value by staking and increased prices of their holdings by giving staking rewards and buying back tokens. Also we can guarantee that the mined ether will be added to the NMT project instead of people spending it onto other projects.

40% for the team — consist of project expenses Core Team Salaries, Electricty, Farm Expansion, Exchange Listing, Marketing, etc.

Example : In 1 month we can mine 30 ether. This will be distributed as following:
- 18 ETH (60%). Is for the community. Which will be divided as following
— 10.8 ETH (60%) for Buyback NMT tokens from the open market and burn
— 7.2 ETH (40%) Distributed to stakers who Stake NMT.

  • 12 ETH (40%). Is for the team to expand the project

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NovaDeFi

Interconnecting industrial mining capabilities with next generation decentralized finance solutions.