💰Why Mining?
The main reason Snekkies are in the mining business is because it brings sustainability to the project. While many projects focus on their next mint or hope for a big run on secondary sales to generate revenue for the project, Snekkies will have a reliable mining revenue source that will keep the project moving forward regardless of secondary market trends. Did we mention that Snekkies are savvy little investors that are constantly reinvesting in their mining business? 20% of all net mining revenue and 50% of all secondary market royalties will be used to purchase more crypto miners! More Miners = More Mining Power! 🐍⛏💰 Staking rewards are a fun bonus for those that choose to stake their Snekkies. But, we ask the faithful Snekkies holders to love your Snekkie on their own merit. Any staking rewards your Snekkies bring you is a bonus! Come for the PFP, stay for the PFP! Did you know... Mining is also a way for Snekkies to directly contribute to and help pump $SNEK ! How can Snekkies Pump $SNEK ?
Mined crypto will be converted to $SNEK. That means, Snekkies will be making consistent large purchases of $SNEK!
Snekkies will contribute 10% of mining revenue and 20% of all secondary royalty fees to The Snek Pit! The Snek Pit is a $SNEK Community fund managed by the $SNEK Team. The fate of the funds in The Snek Pit will lie in the hands of the $SNEK Community. Will it burn? 🔥 Probably. But, that is for the $SNEK Community to decide!
Snekkies will be involved in and promote all $SNEK initiatives.
Snekkies are part of the greater $SNEK Community and will slither around the blockchain, 𝕏 and beyond to spread the news of $SNEK!
Last updated
