HOW DOES THE MINEBASE TOKEN WORK?
WHAT IS A MINEBASE
Use MBASE for daily transactions, stake it to earn yield, or simply HODL it as a store of value. Minebase is an ERC-20 token created through CTP, an algorithm that controls token supply and floor price based on the crypto markets behaviour. CTP allows you to generate MBASE tokens through the transaction fees you pay on the Bitcoin and Ethereum blockchains, as well as decentralized exchanges (DEXs). You only need a smartphone or a computer to start earning Minebase tokens!
A TOKEN FUELED
Proof-of-Work blockchains consume a lot of energy through the mining process to create new cryptocurrency. Thanks to the in-house developed CTP algorithm, MBASE tokens are minted through the transaction fees generated by the entire crypto network.
HOW TO GET
Creating MBASE tokens via CTP is simple! Sign up, generate your new Minebase wallet and follow a few easy steps. You can even walk to earn MBASE tokens.