Kinto Layer 2 Network Gives Mining Reward, 2% of Token Supply!
2024-07-09Bittime - Kinto, Layer 2 (L2) network, has just announced that mining rewards are now visible to participants. In the next 90 days, 2% of the total token supply will be allocated as rewards for miners.
Kinto Mining Reward
Kinto, as one of Ethereum's L2 networks, is committed to providing transparency in all aspects, including mining rewards. Now, participants can easily see the amount of rewards they have earned from their mining activities. This transparency not only gives miners confidence but also ensures that the mining process is fair and open.
Allocation of 2% Token Supply for Rewards
In the next 90 days, Kinto will allocate 2% of its total token supply as mining rewards. This means that miners will have the opportunity to earn a share of the supply of Kinto tokens in exchange for their contribution to maintaining the security and stability of the network. With this allocation, Kinto hopes to attract more miners and strengthen its ecosystem.
On-Chain Season
During the on-chain season, Kinto invites miners to participate in the mining program. With transparent rewards and significant token allocation, Kinto provides miners with the opportunity to earn attractive rewards. This program not only increases miner participation, but also strengthens the overall security and stability of the Kinto network.
Kinto offers various advantages that make it stand out among other L2 networks. With a focus on transparency, security, and community participation, Kinto strives to create a fair and open ecosystem. Transparent mining rewards are a concrete example of Kinto's commitment to providing maximum benefits to its users.
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