Economic Model

In WebMingle's economic model, there are 2 ways to earn WMI. First, participate in WMI's innovative POD algorithm (Proof of Destroy), which is obtained by mining. Second, WMI can be obtained through DEX transactions through WebMingle. WMI has three main uses:

Member Benefits:WMI-USDT LP holders can receive interest from WebMingle treasury distribution

Community Governance:Users can participate in community governance by staking WMI to initiate proposals and participate in voting.

Community Alliance:Different communities obtain NFT computing power by staking and destroying their own community tokens, and participate in the POD mining of WebMingle

NFT issuance and storage:When using WebMingle's NFTstorage, you need to pay part of the WMI service fee. At the same time, participating in WMI NFT Share can deduct and discount the transaction fee.

On the other hand, all transaction fees for NFT Share will be regularly used to repurchase WMI in the open market, and will be distributed proportionally to WMI's stakeholders and development committees.