📠The Plan
Snekkies will be mining $BTC, $DOGE, $LTC, $KAS, $DASH, $KDA and other PoW cryptocurrencies and then convert those mined tokens to $SNEK. In other words, #Snekkies are bringing liquidity from outside of the Cardano ecosystem into the Cardano ecosystem!
What are Snekkies mining?
*The funds raised from the Snekkies mint will be distributed into buying miners in the following percentages:
| Miner | Percentage |
|---|---|
Dogecoin / Litecoin (DOGE / LTC) | 40% |
Kadena (KDA) | 15% |
Nervos Network (CKB) | 15% |
Bitcoin (BTC) | 10% |
Kaspa (KAS) | 10% |
Ethereum Classic (ETC) | 5% |
Dash (DASH) | 5% |
*Subject to change based on multiple factors in the fast moving world of Crypto. The scenario above is the ideal breakdown at the time this was written. The Snekkies Team will evaluate the market and make a final decision on which miners to purchase in the days leading up to the miner order.
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