Income
One of the unique features of Mine Empire is its income generating ability. Mine Empire will generate income from NFT mints and upgrades. Additionally, protocol owned liquidity unlocks more income: trading income, dex emissions, interest income and more.
ALL income will be compounded back into the game to strengthen its treasury. Priorities of the treasury are: maintain deep liquidity for CSC and GEM and increase passive income. Initially, the highest priority will be passive income. Then, as the game matures, we will slowly start prioritizing liquidity buy backs.
Initial Income Usage (first 3 months)
10% of income will go into buying back liquidity for CSC
15% of income will go into buying back liquidity for GEM
65% of income will go into accumulating voting rights in other protocols, strategic partnerships, and other passive income opportunities
10% of the income will go into the dev wallet to pay for audits and other expenses
Final Income Usage (after 3 months)
60% of income will go into buying back liquidity for CSC
15% of income will go into buying back liquidity for GEM
20% of income will go into accumulating voting rights in other protocols, strategic partnerships, and other passive income opportunities
5% of the income will go into the dev wallet to pay for audits and other expenses
This will be a gradual process. We will monitor and transparently display all treasury accounting for our users. 60% allocation for CSC buy backs is the maximum amount, this number will be lower if the CSC price is elevated.
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