Stake Your Claim
Time to get to work.
Stake Your Claim, Mine Some GOLD
Upgrade your Miner with Credits, level up, and mine more Gold.
Operations is where the magic happens. Simply stake your claim and your Miner will mine Gold automatically. Want to mine more Gold per day? Simply upgrade your Miner with Credits to increase his level.
This process is similar to 'staking', only it makes more sense. Everyone knows Miners mine Gold.
Our ultimate vision is to have NFT lovers and normal folks alike - interacting with DeFi infrastructure without even knowing it. HOW IT WORKS:
1. Stake Your Claim, Mine Some Gold.
This is the only step required to get your Miner mining. Simply head to:
https://minerjoe.com/operations
Make sure your wallet is connected — then Stake a single Miner OR stake them all! Sign the transaction and BINGO! Your Miner has started mining! Claim your Gold at any time.
Don’t worry, ‘Staking’ is not traditional staking. We do not require ownership or possession of your Miner NFT. This means you can still list your Miner for sale if you’re silly enough to do so — but be warned — any unclaimed Gold from this Miner will be the rightful property of its new owner! This opens the Miner marketplace up to all new kinds of fun ‘sniping’ opportunities.
2. Bank your Gold to earn Credits.
Once you have claimed some Gold, simply bank it to start earning Credits.
Credits will currently be earned at a daily 3x ratio per Gold staked. The more Gold you stake, the more Credits you earn. Simply claim your Credits at any time to use them.
You may also withdraw your Gold from the bank at any time — but even though this is the Wild West, we still have taxes - a fee of 5%. This acts as an incentive for Gold to remain banked, while permanently burning 5% of all Gold that gets unbanked. A win-win for Miners & Gold holders alike.
Can’t be bothered banking your Gold? Want your upgrade quicker? We’ve got you covered. There is the option to burn your Gold in a direct swap for Credits, currently set at a ratio of 1:12.
Note: There IS a hard cap on Credits, meaning yes — it will run out. At some stage, it will become untenable/too expensive for people to upgrade their Miner.
3. Upgrade your Miner with Credits.
Finally, once you’ve earned some Credits, use them to upgrade your Miner so he mines faster.
Why? Because upgraded Miners mine more Gold — and not to mention they are more valuable in the Marketplace.
Once your Miner has been given enough Credits, you will be able to level up — writing straight to its metadata — increasing its ‘Level’ by +1.
However, the higher level your Miner gets, the more Credits it will need to level up moving forward, and the time it takes to level again increases. It’s just science. Notice that skip button? We feel this will come in handy for players at some point, say - once a day, should you wish to continue to outpace your competition…
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