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WhitePaper
  • Introduction
  • πŸ“ŠMarket overview
    • Market overview
    • Banking services market overview
    • Cryptocerrency market overview
    • Digital wallets market overview
    • The project’s potential audience analysis
  • ⁉️Problematic
    • Problematic
  • πŸ“  MinePlex ecosystem
    • MinePlex ecosystem
    • MinePlex.Auth
    • MinePlex.Wallet
    • MinePlex.Explorer
    • MinePlex.Money
    • MinePlex.Finance
    • MinePlex.Payment
    • MinePlex.Market
    • P2P Exchanger
    • Fiat transactions
  • πŸ”³MinePlex blockchain
    • MinePlex blockchain
    • Tokenomics
    • Technical specifications of tokens
    • Mine token emission
    • Plex token emission
    • Plexus of Mine token
    • Plexus pool
    • Plexus cycles
    • Plexus complexity
    • Bridges
  • πŸ”²XFI - MinePlex 2.0 Blockchain
    • New MinePlex 2.0 Blockchain
    • Why Tendermint Core?
    • Key features of MinePlex 2.0 blockchain
    • Technical specifications of coins
    • MPX COIN
    • XFI COIN
    • Exchange rate for XFI to MPX
    • Rewards
    • Validators
    • What will happen to the first version of the blockchain and MINE and PLEX tokens?
  • 🎯MinePlex development strategy
    • MinePlex development strategy
  • βœ…Key features of the MinePlex and benefits for end users
    • Key features of the MinePlex and benefits for end users
  • βš–οΈLegal information
    • Legal information
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  1. XFI - MinePlex 2.0 Blockchain

Rewards

The MinePlex 2.0 blockchain uses the DPoS (Delegated Proof of Stake) consensus protocol. All MPX holders can choose a validator and delegate tokens to start XFI mining. This transaction is called a bond. After delegation, MPX coins are immediately put into operation. Each new block of XFI coins is distributed among the delegators in proportion to the MPX stakes.

Key features:

  • Given the technical characteristics of the blockchain, the reward for the block/blocks may be less than the commission fee. Thus, the reward itself is not yet a transaction of coins to your address. This is an event in the blockchain that does not require payment of commission fees. You can accumulate rewards and then withdraw all of them in one transaction. However, until you withdraw your rewards, you do not have access to them.

  • When you delegate MPX to a validator, you cannot control them. To do this, they must be returned from the stake. This transaction is called unbond. Unbond takes 15 days. During this time, you do not receive any rewards and do not have access to your MPX.

  • You can partially do unbond. You can select multiple validators for delegation.

PreviousExchange rate for XFI to MPXNextValidators

Last updated 2 years ago

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