Minto
Launch dApp
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English
  • 🌱What is Minto?
    • Minto's Mission
  • What Problem Does Minto Solve?
    • Hashrate tokenization as an alternative to IPO
    • What sets Minto apart from other tokenization projects?
  • Minto Protocol
    • BTCMT Token Overview
    • The Hashrate Tokenization Mechanics
    • Reward Distribution
    • Treasury
      • Joint Treasury Management Mechanics
    • Mining Profitability Management Mechanics
  • Technical Design
    • Staking and Autofarm
    • Energy Efficiency Management
    • Contracts and Addresses
  • Security And Transparency
    • Legal
    • Minto Resources
    • Reporting
    • Risk Disclosure
  • Governance
    • Governance Process
  • User Manual
    • ⚒️Easy Start to Mine Bitcoin
      • 📍You don't have wallet
      • 📍You already have wallet
    • 🚀Getting Started on BSC
      • Set up your crypto wallet
      • Get to know BEP20 tokens
      • Sync your wallet with Minto dApp
      • Earn
      • Video guide
    • 🤝How-to use open beta referral program
      • How to create a referral link
      • How to buy BTCMT using a referral link/code
    • 🚁How to transfer your BTCMT tokens from Autofarm v1 to Autofarm v2
  • ❤️Help Area
    • General FAQ
    • Technical FAQ
    • Financial FAQ
  • 🤖Contact Us
  • Cookie Policy
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  1. Minto Protocol

BTCMT Token Overview

PreviousMinto ProtocolNextThe Hashrate Tokenization Mechanics

Last updated 8 months ago

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The carrier of value in the Minto protocol is the $BTCMT (Bitcoin Mining Token), originally issued in the BNB chain, but not limited to it.

$BTCMT is the governance token behind the Minto protocol.

Name

BTCMT or Minto

Platform

BNB chain

Initial number of tokens

5,000,000.00

Hashrate conversion

1 BTCMT = 0.01 TH/s

Annual losses

8% (expected downtime of miners per year)

Current values

1 $BTCMT is equivalent to 0.01 TH/s of mining power connected to the project (hashrate), and allows holders to participate in the project development through the DAO community adoption of strategic decisions on the voting platform.

For instance, the creation of the Treasury allows the community to flexibly use the accumulated revenue through voting, promptly funneling it to develop the project in favorable market conditions, or, conversely, to limit the impact of market negativity.

Initially, 5,000,000 $BTCMT were issued, which corresponds to 50 PH/s of the tokenized project hashrate. 90% of the tokens were offered in the presale, after which the remaining ones became available in the open market.

As the new project mining capacities are tokenized, the number of $BTCMT issued into circulation is also growing.

https://app.minto.finance/stats