MINTLAYER
#2 Staking.
Staking entails the act of immobilizing assets to bolster the operations of a blockchain network. $ML holders will have the opportunity to immobilize their tokens, assuming the role of network validators. These validators stand to receive rewards in the form of transaction fees for the blocks they validate.
Mintlayer's consensus protocol utilizes pools as block producers, enabling users with any amount of ML to engage actively in the network and receive rewards. A pool requires a minimum pledge of 40,000 $ML tokens, equivalent to 0.01% of the initial total supply. Users can delegate their tokens to a pool to earn rewards.
For the initial decade of network operation, each block produced will yield block rewards paid in $ML, detailed in the table below:
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Wallet.
They’ve also got a wallet, called Mojito.
Mojito offers the convenience of managing multiple wallets within a single platform, facilitating seamless storage, transmission, and reception of BTC.
Functioning as a non-custodial decentralized wallet, Mojito ensures that users maintain complete control over their assets at all times.
The interesting thing is that you can create new private keys for every transaction to safeguard your transaction history from unwanted scrutiny and maintain your anonymity intact.
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Mintlayer Ecosystem Overview.
The Mintlayer Ecosystem stands as a diverse array of opportunities tailored for projects aiming to unleash the full potential of Bitcoin. Projects at any phase of development can seek support within this dynamic framework.
Explore the foundational infrastructure and essential resources available for projects to thrive within the Mintlayer environment:
- Ecosystem Fund: This initiative identifies and financially backs top-tier DeFi projects with tangible real-world applications. Additionally, it serves as a bridge, linking project founders with the extensive network of Angels and Venture Capitalists associated with Mintlayer.
- Incubator Program: Catering to nascent projects, this program provides comprehensive support to guide them