Space Miner

What is Space Miner? Mechanics

Space Miner is a multichain dApp, that allows investors to mint spaceships in order to explore the endless DeFi Space and earn passive income.

Spaceships will indefinitely be exploring space to mine minerals from planets that can either be sold for profit or used to mint more spaceships.

Spaceships

A very unique feature of the Space Ships is they are built with perpetual technology so that they indefinitely explore planets and mine minerals to bring more and more earnings to their holders.

Spaceships can’t be sold, once bought they are yours forever! The initial investment used to mint the spaceships is gained only through mining and selling minerals!

Hangar Compound

XMINE can compound every 12 hours, by using available minerals to deposit on the hangar. Each compound increases the compound bonus by 0.5% and the total compound bonus is applied to the daily yield.

The compound bonus maximum is 5%.

The compound bonus is reset to zero after selling minerals – taking profit.

Auto Compound

Each deposit is automatically compounding all available minerals but doesn’t add up to the compound count.

Mining Permit

Space Ships are required to have a valid mining permit in order to continue mining minerals. The mining permit can be renewed by any transaction on the contract such as buy, sell or compound. Mining Permits are valid for 48 hours. Space ships with expired permits are not allowed to mine minerals!

Anti-Space-Whale

An Inbuilt Defense system will prevent space whales from attacking your ships and stealing your bags of minerals.

A limit of $1’000 per withdrawal is initially set to each contract, which will prevent whales from manipulating the contract balance.

Any surplus over $1’000 upon withdrawal will get automatically compounded in the portfolio.