Decentralized Governance and Dynamic CPI: Revealing the Inner Workings of Sixpack Miner’s Community-Driven Ecosystem

Discovering the Diverse World of Sixpack Miner

The Sixpack Miner is a community-driven Fit-Fi platform, consisting of a captivating collection of 600 lands meticulously positioned on the meta map. In each land, a dynamic circular crypto economy is built around NFT miners powered by batteries charged with active calories.

Moreover, in the Sixpack Miner ecosystem, the governance of each land is entrusted to its main stakeholders, ensuring a decentralized decision-making process that embraces democratization.

Let’s take a closer look at the remarkable tokenomics and governance of Sixpack Miner:

The minting of SIXP, the platform’s native token, is limited to 6 million tokens per day, with a halving every two years. However, token distribution will only occur after achieving a 51% consensus from SIXP Nodes, a community of experienced coaches who own NFT Nodes, through the POPA process. This unique and innovative dynamic token distribution model ensures a fair and equitable distribution, contributing to a sustainable and flexible economy.

The Sole and Exclusive Ways to Distribute $SIXP Tokens

In the Sixpack Miner ecosystem, inspired by Bitcoin, there is no pre-mine of SIXP tokens. Instead, the only way to earn SIXP is through active participation in wellness programs within lands. By charging batteries with active calories and selling them for SIXP, users can earn tokens after successfully passing the POPA (Proof Of Physical Activity) process.

Once users successfully pass the POPA process, their coaches receive 1% to 6% coaching commissions for their efforts in motivating, educating and coaching their teammates.

Nodes, on the other hand, earn SIXP for their valuable contributions in inspecting batteries and uploaded images, ensuring the Active Energy’s quality.

After these processes are completed, miners can start mining SIXP and other green tokens using the approved batteries. This process ensures that the entire ecosystem is powered by the collective efforts and activities of its users, making it a truly community-driven platform.

As mentioned above, lands are the vibrant hosts of all activities within the Sixpack Miner ecosystem. Each land serves as a dynamic hub of the circular crypto economy, offering a diverse range of opportunities for both users and land owners. In this dynamic environment, land owners play a central role and enjoy multiple streams of income categorized into five different tabs: Wellness Program (Charge Battery), POPA (Inspect Battery), ConvertHub (Convert, Buy and Pre Order NFTs), Metaverse (Meta Shopping), About Land (SIXP Media). These revenue sources contribute to the land owner’s income, with a percentage earned from each activity and transaction that occurs within their land.

For instance, when a battery is successfully charged at the Wellness Program tab, a portion of the resulting mining transaction contributes to the land’s wallet. Similarly, every conversion that takes place within the ConvertHub tab generates revenue in the form of conversion tax, benefiting the land owner. These are just a few examples of the various income streams designed to enrich land owners within the Sixpack Miner ecosystem.

The described methods are the sole ways to distribute $SIXP tokens in the Sixpack Miner ecosystem.

Revolutionary Dynamic Token Distribution Model: A Game-Changer in Crypto and Web3

The dynamic token distribution model implemented by Sixpack Miner stands as an unprecedented achievement and a groundbreaking advancement in the world of cryptocurrency and Web3. This pioneering approach sets us apart from the competition and cements our position as a leader in the space.

To truly grasp the brilliance of our dynamic token distribution model, it’s essential to delve into the intricacies of the CPI and dual governance within the micro and macro levels of our lands and ecosystem.

Dual Governance: Democratization at Micro and Macro Levels

In the incredible world of Sixpack Miner, governance reigns supreme and is decentralized through Micro DAO and Macro DAO levels.

Micro DAO:

At the micro level, each of the 600 lands has its own dedicated DAO (Decentralized Autonomous Organization), giving them the authority to determine the CPI (Condition Permit Index) for their respective lands. This ensures a tailored and evolving gaming experience in each unique land.

As mentioned above, In each land, a circular crypto economy is created around NFT miners powered by batteries. The miners, as the main stakeholders of their lands, govern the economy through improvement proposals for their land’s CPI.

CPI data is regularly reported by micro DAOs, such as DAO-1P to DAO-6P, DAO-HC1 to DAO-HC6, and DAO-AGP1 to DAO-AGP6. This information, along with the decisions made by the DAOs, will impact token distribution rates and conditions, and may also result in updates to ‘SIXP Family Guidelines,’ ‘POPA Requirements,’ ‘Terms Of Use,’ and ‘Privacy Policy.’

Look out for these announcements in the app Notification Center and our official social media at the end of each cycle and wave.

Macro DAO:

On the macro level, those who own a land and mining farm in Sixpack Miner, represented by the exclusive NFTs, can actively participate in the foundation’s DAO and govern the entire ecosystem.

With this powerful decentralized dual governance, the Sixpack Miner community shapes its own destiny, opening up boundless possibilities for all.

Understanding CPI in Sixpack Miner

CPI, short for “Condition Permit Index,” is a vital access index in Sixpack Miner. Determined by the micro DAOs for each land at the end of each cycle (or wave), It measures player eligibility to access various buttons, such as charge battery, within the game’s lands.

In Sixpack Miner, the CPI serves as a vital measure tracking changes in token distribution rates across wellness programs, POPA rewards, Coaching Commissions, SIXP mining operations, and in-game ecosystem burning over time. Similar to real-world CPI, it acts as a key economic indicator, offering insights into inflation trends and the overall health of the crypto economy within the lands.

CPI Table and Its Information

The CPI table displays several essential factors, including the necessary number of SIXP tokens held in the Game Wallet, the required number of Sixpackers in a team, and the mandatory team earnings from the previous day.

Dynamic CPI

When a battery fails to pass the POPA process due to not meeting the requirements, it damages the miners of the respective land. As a result, miners will incur repair costs, which are charged systematically. To avoid such scenarios, it is crucial for users (energy suppliers) to ensure their batteries meet the POPA requirements to prevent any damage. Failing to do so may prompt miners to increase the CPI, making access to lands more challenging, and subsequently reducing earning opportunities for less experienced users (energy suppliers).

Note that difficult access conditions can also decrease miners’ income, as they may face a shortage of batteries needed to operate their miners.

On the other hand, if miners set a simple CPI, it may make access to their land easier for new and less experienced energy suppliers. However, this could lead to an increase in battery rejections, resulting in a decrease in miners’ income due to higher repair and maintenance costs.

Striking the right balance in setting the CPI is crucial to ensure a sustainable and prosperous ecosystem for all players and stakeholders in Sixpack Miner.

Burning Mechanism

The exciting part that ensures the health of the ecosystem and enhances the value of SIXP is that all repair and maintenance costs will be deducted from the total supply by burning. This means that if a battery is rejected or Nodes are fined due to incorrect inspections, the corresponding SIXPs will be burned, reducing the total supply. To dive deeper into the burning mechanism in Sixpack Miner, check out our whitepaper or stay tuned for more insights in upcoming Medium articles.

And Now You Know

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