Joined January 2018
3 Photos and videos
30 Apr 2024
Advancing Stability, Efficiency, and Sustainability in NetMind Power NetMind Power is excited to announce strategic updates aimed at boosting the stability, efficiency and sustainability of our platform. Greater Rewards Long-term Staking Staking NetMind Token ( $NMT ) is a straightforward way to earn rewards while supporting our decentralised network. Choose between flexible staking, long-term staking, or providing liquidity to official trading pairs for your rewards. Long-term staking, with a lock period of 6-month (182 days), offers 4 times the rewards compared to flexible staking. For more detailed information on the staking rewards structure, including the complete distribution plan, check out our whitepaper: netmind-power.gitbook.io/whi… By incentivising longer lock periods with substantially higher rewards, we aim to attract committed stakeholders who are interested in the long-term success and sustainability of our decentralised platform. This approach not only helps secure the network but also fosters a more stable economic environment, reducing volatility and encouraging responsible investment. Ultimately, these changes are expected to enhance the intrinsic value of NetMind Token, providing a robust foundation for the growth and development of our ecosystem. Usage-Based Balanced Mining With our systems currently operating at 90% capacity and a growing list of eager users, we are implementing measures to streamline and expedite the joining process. • Evolving Mining Mechanism: We are expanding our mining operations to include everyone. This enhancement will significantly speed up the joining process for users currently in the queue. Rather than relying solely on static parameter verification, we will employ a more dynamic, evolving algorithm to assess the suitability of computers for our network. Moving forward, users will receive rewards based on the actual usage of their machines within the NetMind ecosystem, rather than merely connecting to the network. We have developed a task distribution system that strategically assigns tasks to various volunteer computing machines based on stability and other factors, ensuring the network operates with maximum efficiency. This shift will ensure that rewards are more closely tied to users' contributions, fostering greater involvement and active participation within our community. • Strategic Adjustments to Mining Rewards and Penalties: To ensure the sustainability of our mining ecosystem and better align it with market dynamics, we will fine-tune the mining coefficients, expecting a gradual reduction particularly for A100 and H100 units. Additionally, we will activate a penalty coefficient for unstable GPU nodes to maintain system stability. These changes are designed to not only enhance system efficiency but also improve user experience by allowing more participants to actively engage with the NetMind network. We are dedicated to continual improvement and are excited to see how these updates positively impact our community.
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Crypto Ginny retweeted
Altcoin market, Just doing basic retest here.
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INJ 3.0 is coming to Injective to bring the ultimate upgrade to Injective tokenomics, making $INJ the most deflationary asset to date. The new proposal would directly reduce the supply of INJ at a rapid rate. The gov discussion is now live on the Injective forum.
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12 Apr 2024
More updates: Tokenomics and NetMind Program Here's a follow up of the recent updates to the new tokenomics, set to take effect on April 16th, 2024, which is also the anniversary of NetMind Chain. These changes, along with the introduction of NetMind Program, are designed to strengthen our ecosystem, offering better support to our community and fostering ongoing innovation and growth. Stay tuned for in-depth charts and detailed figures once our new tokenomics goes live on April 16th. Tokenomics Token Issuance and Distribution: On April 16th, over 9.8b NMT will be burned. Starting April 16th, 113,000,000 NMT will be issued over the next 10 years under our new tokenomics framework. This issuance will adjust the total supply from Previous 10B to approximately 150 million NMT, including current circulation. Precise numbers will be updated on our website on April 16th, and we are also updating Coinmarketcap and Coingecko accordingly. (Please note, the percentages discussed below are based on 113 million newly issued tokens, not the total supply). Actual vs Maximum Emissions: The actual emissions are likely to be lower than the maximum stated emissions (See the Cumulative graphic below). We've based our projections on a series of assumptions, detailed in the accompanying graph, indicating that allocations for mining, staking, or ecosystem funds may not be fully utilized each year. This method underscores our commitment to sustainable and responsible token issuance, ensuring that the practical implementation of our emissions strategy remains conservative compared to the theoretical maximum outlined. Adjusted Token Allocations (Comparison of Old vs. New Percentages): - Mining: Allocated 58,000,000 tokens (new 55.31%, up from 40%). This includes a revised portion for early GPU contributors from 80m now set to 5 million tokens (4.42%). - Staking: Set at 16,500,000 tokens (new 14.60%, down from 30%), to encourage network participation and enhance security. - Team: Reduced to 10,000,000 tokens (new 8.85%, down from 10%). Reorganized Community Fund (Totaling 21.24%, up from 20%): - Ecosystem Growth: 16,500,000 tokens (14.60%) dedicated to expanding and enriching the ecosystem. - Strategic Investors & Advisors: A new category with 7,500,000 (6.64%) tokens aimed at reinforcing relationships with key strategic partners. Halving and Decreasing Mechanisms: - Mining Halving Algorithm: The mining reward will halve every four years, starting with 10 million tokens annually for the first two years, then decreasing every two years to 7.5 million, 5 million, 3.75 million, and finally 2.5 million in the last period. - Smoothing Mechanism for Other Categories: All other categories will implement a decreasing mechanism but with a smoother curve to ensure a gradual reduction in token issuance, maintaining economic stability. Staking Rewards Structure: Consistent with our previous tokenomics framework, all staking rewards—including flexible staking, fixed-term staking, liquidity rewards, and master node rewards—will continue to be sourced from the staking rewards pool. Details on the adjustments will be announced by April 30th. NetMind Program At @NetmindAi, we remain dedicated to building a sustainable and valuable ecosystem, leveraging our computing power and more. We are proud to be an early investor in a number of successful startups, including Haiper.ai, autoedge.ai, qdot.tech, orbitfin.ai, and 199.bio, among others. (Will write a separate introduction in the future). Additionally, over the past years, we have sponsored and worked with more than 30 research labs at top universities worldwide, and our commitment to supporting academic excellence continues. We are thrilled to announce there will be a NetMind Program, which will extend our support to AI startups and universities. We’re making AI more accessible and affordable to everyone, further enhancing the global AI landscape. Together, let's strengthen our community and push the boundaries of what we can achieve with AI.
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1/ Today, Injective is unveiling the Ionic upgrade to the Injective Bridge 🌁 Advanced interoperability meets superior UX with near 0 fees. Now users can take advantage of a one click bridging experience across chains like Solana, Cosmos and Ethereum. Keep reading 🧵
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14 Mar 2024
Replying to @Ordibank
🟠 Ordibank has effectively halved the on-chain confirmation window, therefore achieving: • Unparalleled processing speeds, with 2x the throughput • For users: Twice-as-fast deposit confirmations, with faster access to borrowed funds How this works under the hood 👇 2|6
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❔Ever wondered why the daily volume keeps soaring on the #RocketX app?🚀 🚨It costs ~$95 gas fee for ~$72 swap via DEXs. 🫶It costs less than a $7 gas fee if you route the swap via "RocketX Pool" on the app. That's >90% savings on gas fee 🤯 📍Imagine what happens to the gas fee when #ETH price reaches $4K, $8K, $12K, and so on ✨What that means to the user adoption & daily volume on RocketX $RVF 🔀Your one-stop shop for crypto swaps!
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Did someone say Bittensor? 👀 Bittensor is a decentralized, open-source machine learning network, allowing #AI to train on multiple inputs simultaneously. It utilizes subnets where the datasets are validated by numerous sources. Subnet registration: ✅ Stay tuned to learn more about how this will impact the @AITProtocol ecosystem and bring benefits to $AIT stakers and #NFT holders! ⌛️
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15 Jan 2024
New CEX! An up and coming asian CEX @BitrueOfficial have informed us they will be listing $TET this Wednesday! 🔹More Asian exposure 🔹10am UTC 🔹AMA coming 🔹More platforms to buy $TET
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15 Jan 2024
We are delighted to announce that $COM will be listing on @gate_io as we make our push into the Asian market! 🚀 Get ready, trading starts soon. #BRC20 #COM #Gateio
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Crypto Ginny retweeted
💵 💵 💵 💵 💵 💵 💵 💵 💵 💵 1,000,000,000 #USDT (999,882,500 USD) minted at Tether Treasury whale-alert.io/transaction/t…

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11 Jan 2024
🥷👀🔜
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Crypto Ginny retweeted
It’s a wrap! Major success for @MixMobOrigin Key Stats: 🟠560M assets connected 🟠24,000 IDO applicants 🟠MASSIVE oversubscription Contribution Period: 3-7 PM UTC
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8 Jan 2024
The @vela_exchange DEX is about to enter a new phase of its life Credits might change the game quite a bit 100k credits is the alpha 👀 Do what you want with this info $VELA
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Crypto Ginny retweeted
🎉We're pleased to share we just achieved yet another significant milestone in monthly volume⚡️ $RVF 🔀 Cross-chain swaps simplified! 🎯$100M monthly volume, here we come🚀
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Wow, only 20 min into trading and the volume is big with HALF A BILLION traded for the group (ex GBTC too) (outpacing $BITO by a lot) led by $IBIT (which is near lock to pass $1b) and $FBTC. Imp to note almost all the volume in first few days will convert to inflows.
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Crypto Ginny retweeted
BREAKING: BlackRock's $IBIT #Bitcoin ETF is already up 25% on $2 Million in trading Billions in new inflows incoming 🚀
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10 Jan 2024
Excited to announce our strategic collaboration with @StargateFinance! With $300M TVL & $600M assets secured monthly, partnering with Stargate allows $INSP to unlock new possibilities across 15 chains and ecosystems.
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