Charged Particles and MINE Network Partnership
We’re delighted to announce a strategic partnership with MINE Network, the first decentralized standard hashrate token protocol that solves the liquidity problem of miners on multi-chains, like Bitcoin, Litecoin, Ethereum, and Filecoin.
MINE Network will standardize the mining power from different mining pools for various mining projects and then issue different standard hashrate tokens.
With this partnership we aim to:
- Use our technology’s minting and charging features to deploy MINE’s native token MNET into their debut NFT collection
- Explore the possibility of enhancing rewards functionalities’ with cross-chain hashrate tokens in future NFT collections
- Launch comprehensive cross-platform marketing campaigns
Why are we excited
Andreas Aschenbrenner, Project Lead MINE Network
“Charged Particles is narrowing the gap between two contrasting worlds in the crypto space by innovatively charging NFTs with the power of DeFi. We are thrilled to be partnering with such a path-breaking protocol that allows users to transform their NFTs into a yield-generating investment. Charged Particles innovative methods are the perfect companion for MINE Networks goals of providing utility in all aspects of our ecosystem.”
Ben Lakoff, Co-Founder of Charged Particles
“We are delighted to be part of this revolutionary and historic partnership. Helping to integrate Charged DeFi NFTs into a novel cross-chain mining ecosystem is an industry first. It is a treat to be working with a team so dedicated to their community, and we are happy to aid MINE Network in facilitating the growth of their ecosystem.”
About MINE Network
MINE Network is the first decentralized standard hashrate token protocol that solves the liquidity problem of miners on multi-chains. Every standard hashrate token issued by MINE Network is a synthetic token that represents a unique mining blockchain’s primary standard mining power and is also collateralized by standardized mining power. In addition, the so-called pTokens can be integrated into cross-chain DeFi protocols (like DEX, lending protocols on Polkadot, Ethereum, HECO, Binance Smart chain, etc.), which will help to increase the liquidity.
MINE Network will also use Substrate’s OCW off-chain oracle workers to monitor the on-chain revenue data of different mining projects in real-time, and upload revenue information to ensure that the information is open and transparent for miners.
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About Charged Particles
Charged Particles is a protocol that allows users to deposit ERC-20 tokens(ANY tokens) into an NFT. A scarce NFT (e.g. Art, Collectible, Virtual Real Estate, In-Game Item, etc.) can now be transformed into a basket holding a number of other tokens. The Principal amount can be time-locked inside the NFT, and through integration with Aave’s aTokens, the programmable yield from these DeFi yield-generating assets is just a few clicks away.
Stay in touch with Charged Particles
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