BNQ: Extreme Deflation Economic Model
Destroy BNQ to acquire hashrate, and use this power for mining! The more you destroy, the more you mine!
What is the BitNasdaq Mining Program
BNQ is a miner development incentive program officially launched by BitNasdaq, and it is the first extreme deflation platform token introduced by an exchange globally. BNQ is the first token in the world designed based on a POW+POC economic model, featuring high consensus, strong retention, and significant growth potential. Its aim is to build a truly practical and unique ecosystem. It is a value-sharing platform where everyone involved can benefit. It is a currency that appreciates inversely. It is a currency that provides substantial ecological support for exchanges.
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Whitepaper
BNQ Mining
Token Issuance
Token Name
Bitnasdaq
Token Abbreviation
BNQ
Total Supply BNQ
100 Billion
Estimated Initial Price
$0.001 USD
Token Distribution Mechanism Description
BNQ—10% for private placement, 1% for circulation, and 44% of the original tokens are directly destroyed and used to exchange for hashrate, meaning the circulating supply of tokens is reduced by 44%!
The Output Cycle And Decay Rule Of BNQ Involve A 5% Reduction Every 180 Days.
Decay Time | Daily Output Reward | Decay Period | Current Phase Output | Total Output |
|---|---|---|---|---|
| 180 Days | 18,000,000 | 0 | 3,240,000,000 | 3,240,000,000 |
| 360 Days | 17,100,000 | 1 | 3,078,000,000 | 6,318,000,000 |
| 540 Days | 16,245,000 | 2 | 2,924,100,000 | 9,242,100,000 |
| 720 Days | 15,432,750 | 3 | 2,777,894,999 | 12,019,995,000 |
| 900Days | 14,661,112 | 4 | 2,639,000,249 | 14,658,995,250 |
| 1080 Days | 13,928,056 | 5 | 2,507,050,237 | 17,166,045,487 |
| 1260 Days | 13,231,654 | 6 | 2,507,050,237 | 19,547,743,213 |
| 1440 Days | 12,570,071 | 7 | 2,262,612,839 | 21,810,356,052 |
| 1620 Days | 11,941,567 | 8 | 2,149,482,197 | 23,959,838,249 |
| 1800 Days | 11,344,489 | 9 | 2,042,008,087 | 26,001,846,337 |
| 1980 Days | 10,777,264 | 10 | 1,939,907,683 | 27,941,754,020 |
| 2160 Days | 10,238,401 | 11 | 1,842,912,298 | 29,784,666,319 |
| 2340 Days | 9,726,481 | 12 | 1,939,907,683 | 31,535,433,003 |
| 2520 Days | 9,240,157 | 13 | 1,663,228,349 | 33,198,661,353 |
| 2700 Days | 8,778,149 | 14 | 1,580,066,847 | 34,778,728,200 |
BNQ Mining Mechanism: Innovative Value Storage and Incentive Mechanism
• Each time 0.5 BNQ tokens are burned, they can be converted into an amount equal to or greater than one unit of POC(Power of Contribution) mining power.
• When the token price rises or falls, the amount of POC mining power obtained will be dynamically adjusted to ensure that mining power only increases, maintaining miner rewards.
Daily coin production = personal hashrate / total network hashrate × daily fixed production
You Know You Want To Mine
Intrigued by what we have to offer with BNQ Mining? Then simply download the BitNasdaq App and start mining today.
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