Fee Distribution

With each fee collected from mine transactions, both burn fees and partner fees are deducted from the total as a priority to burn the set percentage of xMINER, and to allocate the specified percentage of xMINERs to the chosen partner.

The remaining fees are transformed and utilized to purchase MINER on the market. From the market-acquired MINER, 90% are allocated to liquidity providers of the mine from which the fees were generated, with the remaining 10% being burned and permanently removed from circulation.

This process can be outlined with the following formula:

X = Total Fees * Burn Fee %

Y = Total Fees * Partner Fee %

Z = Total Fees - (X + Y)

Where:

  • X is the amount of xMINERs incinerated,

  • Y is the amount of xMINERs allocated to the partner's wallet (if applicable),

  • Z is the amount used for converting and executing a market purchase of MINER, with 90% distributed to LPs and 10% incinerated.

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