Token

Buybacks & burns

Every rig sold feeds back into $MINER. SOL from sales buys $MINER on the market, part of it is burned, and the $MINER paid for rigs flows into the protocol vault. Burns happen on every purchase and on a regular schedule.

SOL revenue

Rig sales in SOL

  1. Facility openings

    0.05 SOL per new facility, plus any miner priced in SOL

  2. Protocol treasury

    SOL lands in the treasury wallet on-chain, in the same transaction

  3. Market buyback

    The treasury buys $MINER on the open market at regular intervals

  4. Burn + vault

    Part of the bought $MINER is burned, the rest tops up the reward vault

$MINER revenue

Rig sales in $MINER

  1. Miners & upgrades

    Every miner and facility upgrade is paid in $MINER

  2. Instant burn

    50% is burned by the program in the same transaction

  3. Protocol vault

    The other 50% goes into the reward vault and pays future mining rewards

SOL buybacks

Opening a facility costs 0.05 SOL, and miners can also be priced in SOL. That SOL goes straight to the protocol treasury. The treasury uses it to buy $MINER back from the market on a regular schedule, which creates steady buy pressure that grows with the number of players.

Bought-back $MINER is split two ways: part is burned for good, shrinking total supply, and the rest is added to the reward vault so mining rewards keep flowing for longer.

Where $MINER from rig sales goes

$MINER spent on miners and facility upgrades never reaches a team wallet. The program splits every payment on-chain: 50% is burned immediately and 50% is moved into the protocol's reward vault. Electricity fees go into the same vault. The more rigs players buy, the more $MINER is burned and the deeper the vault gets.

Regular burns

$MINER is burned two ways, both visible on-chain:

  • On every purchase. Automatic. The program burns 50% of each miner and upgrade payment. It can't be skipped or turned off by anyone holding the treasury.

  • After every buyback. Scheduled. A share of each SOL buyback is burned from the treasury, with the transaction posted publicly.

What the program enforces, and what the treasury does

The 50% burn and the vault split on $MINER payments are hard-coded in the program. SOL buybacks and their burns are carried out by the treasury wallet on a schedule, and every one is a public transaction you can trace from the treasury address above.