DMEX
  • DMEX Overview
  • the nitty-gritty
  • What Does DMEX Try To Solve
  • DMEX Platform Introduction
  • DMEX Contact Info
  • DMEX Mining Models
  • DMEX Mission
  • DMC Token Economy Model
  • DMC’s Practical Applications
  • Security Audit
  • DMEX dapp instruction
    • (1) Create a New Wallet
    • (2) Four Easy Steps to Purchase DMC
    • (3) DMC Single Asset Staking Mining
  • (4) Purchase Mining Power NFT
  • (5) Single Token Mining
  • (6) Liquidity Mining on Huobi Eco Chain (HECO)
  • (7) FIL Mining Power NFT Collateral Loan
  • (8) DMEX's Refer-and-Earn Program
  • (9) DMEX DAO Governance Voting Instructions
  • (10) Liquidity Mining on Binance Smart Chain (BSC)
  • DMEX Questions & Answers
    • Basic Crypto Concepts
    • DMEX's Platform Token $DMC
    • DMEX DApp
    • DMEX Staking and Mining
    • DMEX NFT
    • DMEX Mining Power NFT Collateral Loan
    • DMEX Refer and Earn Program
    • DMEX Super APY Event
  • DMEX Announcement
    • Latest DMEX Announcements
    • 1216 - Announcement on the upcoming launch of DMEX's BTC mining power NFT product
    • 1101 - Announcement on DMEX's upcoming discontinuation of access in mainland China
    • 1008 - Announcement on DMEX's upcoming launch in Binance Smart Chain (BSC)
    • 0819 - Announcement on collateral loan income compensation
    • 0816 - The 180-day linear release mechanism of FIL mining
    • 0817 - Announcement on adjusting the mining pool output ratio
    • 0813 - Announcement: DMEX platform's 14th batch of FIL mining power NFT is now online
    • 0813 - Announcement on the upcoming DMC mining reward reduction
    • 0812 - Customer service hour adjustment
  • Knowledge
    • WHAT IS MINING AND CLOUD MINING
      • What is mining
      • What is cloud mining?
    • WHAT IS FILECOIN
      • What is Filecoin?
      • Glossary
      • How Filecoin Works
      • Why Filecoin?
      • IPFS and Filecoin
      • Network performance
      • Comparing Filecoin
      • Managing assets
    • HOW MINING WORKS
      • How mining works
      • Hardware requirements
      • Understanding Filecoin Circulating Supply
      • Mining architectures
      • Mining rewards
      • Slashing
    • FILECOIN FAQ
      • Filecoin FAQ
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DMC Token Economy Model

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Last updated 3 years ago

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The DMEX platform token is the Decentralized Mining Coin (DMC). The total issuance is 100 million. 50% of DMC will be generated through mining, among which Proof of Work mining accounts for 30%, liquidity mining accounts for 60%, Proof of Stake mining accounts for 10%. The average block time is 3 seconds. The block reward is 5DMC/block. The block reward will be halved every six months. DMC holders are entitled to in-depth participation in the governance and future development of the DMEX platform. DMC holders are also entitled to share the revenue generated from DMEX’s development.

DMC Allocation Rules

1. 50% Mining (50 million)

Users can participate in Proof of Work mining, liquidity mining, and Proof of Stake mining to obtain DMC.

2. 20% Private Placement (20 million)

Reserved for early contributors and angel investors. 20% will be released when the DMEX platform comes online. The remaining 80% will be equally released every season, i.e. 20% release every 3 months.

3. 10% DAO Risk Management Fund (10 million)

Reserved for the risk-sharing fund managed by the community DAO for the prevention of extreme events.

4. 10% DMEX Foundation (10 million)

Reserved as community incentives to provide support for community activities.

5. 10% DMEX Project Team (10 million)

Reserved for DMEX development and operation teams to facilitate the sustainable development of the project. The locking period is 36 months with a monthly release mechanism.