βThe Problem with Miners
It's story time
Imagine working in a special mine with valuable crystals. Starting early means more gems, but latecomers get fewer. Those with larger mines get higher rewards, and soon, new crystals appear so much that old and new are not special anymore. This is like traditional mining contracts; It's inflation gone wild!
We're changing this, aiming for fairness and balance. Traditional miners arenβt a fair game, but smart people in the SCC are making it fairer for everyone!
The Polygon Land Solution
Our mine has a fixed buy-in rate for hiring new miners. This keeps the number of crystals that could be bought static, which is better for everyone. To balance things out further, we're introducing a rule β if someone gets more than 50% of their invested crystals back, they must give back a small part as a tax and lose some of their total miners. This helps fix the unfairness where bigger miner holders get even more rewards.
But what do we do with this tax?
We take half of it and remove it from circulation β it's like taking some miners out of the game, further reducing inflation.
The other half is exciting β it goes into the "Reflection Burn Lottery." This is like a special game where you can win even more miners!
So, we are stopping unfair advantages and allowing investors to win whale holdings to grow their crystal collection. This way, we're making the mine a fair and exciting place for everyone to be a part of.
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