Gold Token staking is here! 👀
Here's all you need to know about staking on Gold Mine 👇
🏦 Fort Knox - Main Staking Vault
-> Stake your Gold tokens to get rewarded with real wrapped Bitcoin ₿
-> Select your lock-in duration 288 days up to 2,888 days
-> The more you lock-in the larger your share of rewards 📈
-> Two pools to distribute rewards 88 days and 288 days
-> Both pools work on repeating cycles infinitely
🔥 Melt Bonus - Extra Move
-> Burn extra Gold tokens on top of your stake
-> Up to 3x your stake amount
-> Unlock up to 900% of bonus shares
-> With max-term lock-in - 1,000% total reward multiplier
-> Every burned token is out of circulation forever 💎
₿ Your Rewards
-> Get rewarded with real wBTC for 88 and 288 day periods
-> No late penalties - withdraw whenever you are ready
-> The earlier you stake the more time your Bitcoin earns
The Bitcoin is being built now.
Here’s the actual flow of value in the Gold Mine protocol👇
→ Deposit ETH to activate your miner ⛏️
→ Your ETH fuels the weekly auction XAUT pool 🥇
→ Your ETH fuels the Fort Knox Bitcoin reward pools ₿
→ Your ETH creates protocol owned liquidity every week 💧
→ You receive Gold tokens daily at 1%
→ You stake Gold in Fort Knox for earning real Bitcoin
→ You join the weekly auction for earning real gold
→ Forfeited tokens decrease the supply and make the Reserve strong 🔥
→ The Reserve invests all rewards into Fort Knox endlessly
→ The protocol grows. Perpetually💎
Every deposit. Every move. Every forfeiture
5 things that make Gold Mine unique from all other DeFi protocols👇
💎 REAL ASSET EXITS
Mine Gold tokens
Redeem for actual BTC through Fort Knox staking
Redeem for actual gold through weekly auctions
🔥 IN-BUILT DEFLATION
20% of Diamonds are burnt each time they are minted
3 different ways to reduce supply at once
🏦 PROTOCOL OWNED LIQUIDITY
Created automatically each week
Can't be taken away. Ever
⛏️ COMPLETE FLEXIBILITY
Withdraw miner any time
No penalty for claiming late
👀 PHASE 2 IS ON THE WAY
Gold Certificates
Sovereign Wealth Fund
Smoke Lounge
All in one protocol🚀
Strategic Bitcoin Reserve is one of the most underrated things that can be found on Gold Mine👀
Let me explain how it works. 👇
→ Collects forfeited Gold tokens after the weekly Gold Rush Auctions
→ Stakes the collected tokens into Fort Knox every single week ⛏️
→ Gets Bitcoin rewards from the Fort Knox pools ₿
→ Invests all the received rewards right away no withdrawal of funds 🔥
→ 60% into the 88 day pool
→ 40% into the 288 day pool
The Strategic Bitcoin Reserve cannot benefit from the Melt Bonus
That is why any participant, who melts the additional amount of Gold, will always have the upper hand compared to the protocol owned stake💎
It works automatically every single week. Making the Bitcoin pools stronger for everyone. Without anyone doing anything
Some people need the entire process breakdown👇
Others only need the simplified version. Here’s how it works:
Gold Mine is a protocol where you put ETH in and get real assets out
Mine Gold tokens at 1% per day
Stake those Gold tokens to generate Bitcoin
Participate in weekly auctions to get real gold
The protocol controls its own liquidity
Supply is being decreased automatically
Bitcoin Pools get compounded every week
Phase 2 will be launched soon with even more. That's all. Simple. Transparent. Real assets
Most protocols have a single avenue to earn from them👀
Gold Mine has three avenues and they all reinforce one another
Mine Gold → Stake it for Bitcoin → Participate in Auctions for gold
But there is something that most people overlook. Each and every action that you take in Gold Mine not only helps yourself but
also helps the ecosystem as a whole.
Your forfeited auction tokens help increase liquidity and make the Reserve stronger
Your Melt Bonus burns decrease the supply of tokens for everyone else
Your mining activities help create the weekly auction pools.
You are not just a user. You are a contributing member of the protocol💎
Gold is mined by most of you without having any idea of how its scarcity works👀
And here is the explanation of the Diamond Token for you guys👇
-> Gold can only be mined in a 1:1 ratio using Diamonds 💎
-> You don't need Diamonds to do that — just pay ETH instead ✅
-> During each minting, 20% of Diamonds are burned 🔥
-> Fewer Diamonds available means it's going to be harder to mine Gold
-> It's harder to mine Gold means its creation rate will be slowing down
-> Hardcoding the protocol no vote needed
Only three words. Scarcity by design. Forever
This is what you get from each component of Gold Mine👇
⛏️ GOLD MINE
Put in ETH and earn Gold tokens at a rate of 1% daily for 100 days. Withdraw whenever you want and collect your Gold
🏦 FORT KNOX
Stake Gold tokens and receive actual wrapped Bitcoin ₿
Burn up to three times your stake and gain a reward multiplier of 1,000%
🥇 GOLD RUSH AUCTIONS
Put in Gold every week and win actual XAUT gold payments. A new pool every 7 days and actual gold paid out weekly
Three components. Three means of earning. One protocol💎
Day 38. Continue to build. 👀
→ 1 GOLD = $1.08 🪙
→ Mint ROI: 371.03% 📈
→ 1 Diamond = $0.11 💎
ROI of more than 370% from the minting of Gold
The protocol continues to work
Press BUY GOLD and begin
https://t.co/TFtDHp0BpR 🔗
Nobody is talking about what Gold Mine looks like in the long term👀
Let me set the scene👇
One year from now assuming the protocol continues as intended:
→ Several full 100 days of mining periods would have gone by ⛏️
→ The 88 day Fort Knox Bitcoin pool would have paid out several times ₿
→ More than 50 weekly Gold Rush Auctions would have paid out real gold 🥇
→ Protocol owned liquidity would have been accumulating for 52 weeks 💧
→ Diamond supply would have been burned on every single mint 🔥
→ Phase 2 Gold Certificates would have launched 👀
The protocol doesn’t just continue.
It compounds
It grows
It becomes more powerful
A year from now, the ones who are in today, will be the ones who got in early.
@smoothncrypto@BuilDeFi_Win Let's pick some runners to WL and ride the wave 🌊😁 🏄
I think Building on @base going live August 14th is going to be exciting!!
Every opportunity has a point in time where waiting is no longer an option👀
Gold Mine update:
The miners who began mining from day one are already more than a third into their cycles
The Fort Knox 88 days of Bitcoin distribution continues to get closer by the day
👉The auction pool for every week continues to grow
👉The Diamond burn continues to reduce supply
👉The protocol continues to compound
Each day that the protocol runs, the more powerful it gets. Each day that you wait, the less advantageous you will be
This is not meant to be pressure. This is just compounding
The time continues to tick⏳
Gold Mine report Day 37👇
🪙 GOLD
→ 1 GOLD = $1.08
→ Current mint return on investment: 369.00% 📈
💎 DIAMONDS
→ 1 Diamond = $0.11
🥇 Auctions All-Time
→ Total XAUT allocated: 3.032 XAUT ($12,292) 💰
More than $12,000 in real tokenized gold have been delivered since launch
369% return on investment for Gold minting on day 37🤯
This is what I see most of the time with DeFi👀
Someone learns about a protocol early on.
They watch. They wait. They research.
They decide to jump in when they feel more comfortable.
Then one day they go back and the early opportunity is lost.
The miners that started from week one on Gold Mine
are getting closer to completing their first cycle.
The Fort Knox 88 day Bitcoin distribution is getting close.
The weekly auction pools keep growing because there are more participants.
Every day you wait someone else is gathering Gold that you can be gathering, someone else is building their Fort Knox stake before the first distribution, someone else is taking part in the auctions that you are not.
The best time to start was day one
The second best time is now👇