Nitro Tokenomics Update

Published on: 25.08.2022
Nitro Tokenomics Update

Nitro Tokenomics Update, Nitro Network would like to present its first NCASH tokenomics update.

This update includes current and future minting rates, token burning, and reward distribution. Nitro Network’s mission is to reward all contributors to network development while advancing tokenomics and private network client development.

Nitro Network’s core team has compiled the data below to show all the various categories and the current minting and distribution statuses of each. This will require strategically building infrastructure; therefore, Nitro Network will adopt a “mint as per usage (generative minting)” reward strategy by offering different pools for those who join now.

Current NCash minting & distribution allocations

  • ICONIC (Tier 1)
  • PREMIUM (Tier 2)
  • TOP (Tier 3)
 Check out this article for more information on Nitro Network’s Phase 1 rollout
Network Data Transfer & Staking Rewards

The Network Data Transmission pool rewards network usability, especially data utilization and data packet transfer.

Revision of NFM mint targets

About Nitro Network

Website | Twitter 

SOURCE:

https://nitronetwork.medium.com/nitro-network-tokenomics-update-bba7ea50367d

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