Mining Schedules

Mining Offering

Mining Recruiting

• Miners can register as mining providers by depositing collaterals and keeping a liquidation deposit;
• After registration, mining provider can propose mining offering at its own price and volume to allow mining sponsors to mint mining contract tokens (e.g, mCKB):
  • Mining provider can set price in either CKB or stable coins against mCKB by absolute price or relative price;
  • Mining provider receives payments immediately; Mining sponsor receives mining contract tokens immediately;
  • Debt are recorded to Mining Provider in CKB 1:1 to mCKB;
  • Global fixed rates apply;
• The Mining provider maintains a secure Individual Collateral Ratio (ICR) by depositing enough collaterals against its debt or it will face liquidation;
• Similarly, mining sponsors can propose a mining recruiting at its own price and volume with funding to allow mining providers to mint mining contract tokens to the sponsor;
• Multi-level pricing.
• Balance based perpetual contract.
• Different tiers of fee: Different 0 interest span and different penalty rate.