🛠 2nd Nural Mining Open!
The 2nd Nural Mining for the NVIR <> Nural migration is open!
⏰ Nural Mining Schedule (UTC)
💠 2nd Mining Round
- Participation Period: August 21, 2024, 15:00 - August 27, 2024, 09:00
- Migration: January 2025
- Bonus Rate: 5%
💠 3rd Mining Round
- Participation Period: August 28, 2024, 09:00 - September 3, 2024, 09:00
- Migration: March 2025
- Bonus Rate: 2%
💠 NVIR <> Nural Main Swap Schedule: 2nd Quarter of 2025 (Scheduled for April 2025)
✅ Please Note: The bonus rate for each round is calculated as a percentage of the amount contributed to the Mining process. For example, if you participate in the 1st round with 200,000 NVIR, you will receive a total of 220,000 Nural, including a 20,000 Nural bonus.
💡How to Participate in the 2nd Nural Mining
1️⃣ On the Nural site (https://t.co/aDVlLlox46), select the [2nd Mining] button in the Nural Mining section.
2️⃣ Connect your wallet via the Ethereum Network.
3️⃣ Enter the amount of NVIR you hold and select the [Stake] button.
🔗 Nural Coin Details
- Launch Date: Nural Coin will be issued on the Nural Network on October 8, 2024. Trading on exchanges is expected to begin in October.
- Total Supply: 5,000,000,000 (The total supply is subject to change and may be reduced from the initially announced amount.)
❓ FAQs
* Do I need to keep NVIR tokens on exchanges?
→ No, they must be stored in a non-custodial wallet. Detailed exchange schedules will be shared through community channels once confirmed.
* Is participation in Nural Mining required to receive the migration?
→ No, a 1:1 swap will be conducted for everyone. Participation in mining is optional but recommended if you wish to receive additional bonuses and prioritize your swap. Remember to keep your NVIR tokens in a non-custodial wallet (NOT an exchange wallet).
🚫 Important: The migration schedule and operating policies are subject to change. Any updates will be communicated through our community channels.
gm gm! This week we are working on Scalable Onchain Interaction Logic (SOIL) Example: How do you manage millions of users minting an NFT at the same time?? Find out 👇🏼👇🏼
🟥Problem: A huge flood of users hit your Web3 dApp at the same time. Say they all want to do the same thing onchain: mint a valuable limited run NFT (Or Defi interaction, could be anything onchain) This creates a huge log jam!
🟩Solution: A hyper efficient queuing system that allows for the maximum number of simultaneous onchain interactions
🟦How: Random number generator + fast offchain @MongoDB syncing
🟦History: Most NFT collections mint out sequentially. Whoever pays the most for gas gets in first. This is unfair and inefficient as users are competing at the blockchain level to get in first.
RAIRprotocol: 100% #opensource queuing logic does the following:
1️⃣On mint our logic checks the offchain list of currently minted tokens - this can happen at the speed of a database (aka scales instantly)
2️⃣From the # of available tokens list , the system hits a random number generator (could be @chainlink VRF) and returns a value
3️⃣ Users then mint a segregated random available NFT concurrently without steeping on eachothers toes. Bonus, random numbers are cool and much less boring than sequential mints.
This means a near infinite number of users can all sign with their @metamask or use @alchemyplatform AA simultaneously, solving the bottleneck for scalable onchain interactions once and for all 🚀
Do you have an idea for a different way to utilize SOIL that isn't for NFTs? Join our @github /rairprotocol and start contributing today
#web3community #dApps
With a current roster of 25 and expanding, our powerhouse team is comprised of distinguished doctors, skilled machine learning and #AI engineers, and reputable advisors in the #DeSci sphere.
Meet the rest of our team here: https://t.co/sWGlYuhXEa