Minto
Launch dApp
English
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. Technical Design

Staking and Autofarm

PreviousTechnical DesignNextEnergy Efficiency Management

Last updated 8 months ago

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Staking tokens is a standard procedure common to many DeFi projects, however, in the Minto protocol, $BTCMT staking launches bitcoin mining in favor of token holders using corresponding physical mining capacities with daily rewards in bitcoins.

In addition to manual staking, the Minto protocol offers Autofarm with automatic accrual of compound interest of mining rewards. When choosing Autofarm, each user's daily reward is automatically converted into $BTCMT and staked using the appropriate smart contract, as a result of which the user earns compound interest and enjoys increased profitability.

The user has access to full information about his tokens on the balance sheet, in staking and/or autofarm, their profitability, the amount of rewards, etc. The profitability of staking and autofarm is determined by the classic parameters Annual Percentage Rate (APR) and Annual Percentage Yield (APY), respectively.