Minebase Token(MBASE) New Listing on LBank

MBASE(Minebase Token) will be listed on LBank at 08:00 on October 24, 2022 (UTC), the details are as follows:

Trading Pair:MBASE/USDT

Trading Area: Innovation Zone

Deposit Enable: 08:00 October 23, 2022 (UTC)

Trading Open: 08:00 October 24, 2022 (UTC)

Withdrawal Enable: 08:00 October 25, 2022 (UTC)

About MBASE(Minebase Token)

The Minebase token is created with 250 million tokens. The process of Minebase is only to release the token for circulation through the wallet addresses fees.

Wallet addresses from the Ethereum network, the decentralized exchanges and the Bitcoin network are registered in the Minebase system.

These wallet addresses are made available to the users. This releases the Minebase token for circulation, i.e. it is created.

Production: The user registers with Minebase. If he has at least 10 Minebase tokens on his Minebase wallet he receives an automatic wallet address. (randomly selected) from the Ethereum, Decentralized exchanges or Bitcoin network. All fees generated by this wallet address will be credited to the user. An example:

first transaction of this wallet address is $1.50 fee, second transaction is $2.50 and so on. When $6.50 has been reached the user will automatically receive a Minebase token. (The token is released for circulation from the 250 million tokens created). So created for trading. Each wallet address is exchanged every 72 hours. The new wallet address takes the place of the previous address. The created value of the previous wallet address is preserved.

Period of time

POT Is an advantage program. Anyone can use this program. We want to reach people who have not had any contact with cryptocurrencies. The user receives 26 cents an hour 4% of $6.50. After 25 hours he receives a Minebase token.

Price stabilization

If the price on the exchange falls more than 10%, 0.025% of the total volume of unissued tokens is burned.

From the CTP price of $131 there is a reward program for all users. Every time the CTP price increases, users who own a silver gold or platinum wallet will receive free tokens.

Minebase Ecosystem

The ecosystem is constantly expanding in order to use the Minebase token.

Staking Minebase

Minebase is working with a partner company to stake the Minebase token. Weekly rewards are paid out

Interconnected Wallet

This upgrade gives you the possibility to dock to other users who have 20 wallet addresses. This means that you can participate in another 20 wallet addresses. It is possible to dock to a maximum of 5 users.

Games / Burning program

The website www.minebase.com will offer games in the future. Play to earn The token is used for payment. e.g. competition games 10% of the tokens that are in the game are burned NFT

If the user buys a NFT with Minebase Tokens, he gets an additional advantage in the Minebase system. As the CTP price increases by an algorithm, the user with the NFT value (e.g. 100 Minebase tokens) can buy the Minebase token for half the price for these 100 tokens.

CTP Token Burning system

Starting September 9, 2022, our CTP system will receive a major upgrade. The Minebase token is created by fees from the entire crypto network. In order to keep the token stable in the long term we have created a combustion formula of the Minebase token.

_x005f_x005f_x005fFormulaCreation fees price Created tokens (price) : 4= SumThis sum is divided by the current token price. (These tokens are burned) This process is done monthly.

Minebase CTP linked to Exchanges

The CTP price Will be linked to the exchange. This means there is a difference between CTP price and exchange price. If the exchange price is lower than the CTP price, the CTP price will increase by this difference. It is about creating a balance between the stock exchange and our CTP system Example. If the exchange price is 4 dollars and the CTP price is 6.50 $, the difference is 2.50 $. The CTP price will increase by this 2.50 $. So now they have to reach $9 to create a token. Conversely, the exchange price is higher than the CTP. In this case, the CTP price will fall by the difference. For example, the CTP price is at $6.50 and the exchange price is at $8.50 then the CTP price drops by two dollars to $4.50.

Twitter: https://twitter.com/MineBase_io

Youtube: https://www.youtube.com/channel/UCFqyxiOT4B493TgnT9QyqGQ

Minebase: https://www.minebase.world/

Medium: https://medium.com/@minebase.io

Telegram: https://t.me/minebaseofficial

Website: https://minebase.com/

Blockchain browser: https://cn.etherscan.com/token/0xbA3E5F8b4200a5eb856FF2C3E001aB29444491AA

Whitepaper: https://minebase.com/wp-content/uploads/2022/09/1minebase-white-paperus.pdf

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