Cadence Mining 2.0

Fractalink Mining builds on the foundation of Cadence Mining with added improvements, offering a new version known as Cadence Mining 2.0. This evolved mechanism integrates a dual-reward system and further optimizes mining efficiency, making it more lucrative for participants while securing both the Fractalink and Fractal Bitcoin ecosystems.

Fractalink’s mining system stands out due to its dual reward nature, where miners can earn two separate types of rewards:

1. ETH from Pool Fees

2. $FRAK from Mining on the Fractal Chain

This structure is designed to cater to both short-term and long-term incentives, ensuring that users are rewarded with immediate, liquid assets like ETH, while also building future value through the platform’s native token, $FRAK.

Reward 1: ETH from Pool Fees

The first type of reward in Fractalink mining is ETH, distributed from the pool fees collected through the platform’s transaction activities. Specifically, a 2% tax is applied to all transfers and transactions that pass through the Fractalink bridge, and this tax forms the reward pool from which users can claim their share of ETH.

• Source of Funds: 2% tax applied to all transactions across the Fractalink bridge.

• Proportional Distribution: The total pool of ETH is divided daily among miners based on their contribution to the mining pool. This is calculated by comparing the amount of tokens a user has committed (or mined) relative to the total pool. For example, if a user has committed 10% of the total pool, they are entitled to 10% of the day’s ETH rewards.

• Claimable ETH: Each user can claim their share of ETH once per day, but they must claim it before the daily reset (0:00 UTC). If not claimed, the unclaimed rewards are added back to the pool for redistribution, ensuring the pool remains dynamic.

• Lock Time: Users must wait 24 hours from the moment they start mining to be eligible to claim rewards. The rewards are then proportional to the number of fractals a user has committed (mined) in relation to the overall pool size.

• Reset Mechanism: At 0:00 UTC every day, the mining rewards are reset. Any unclaimed ETH is returned to the pool, and the next day's mining starts fresh, ensuring the fairness and efficiency of the reward distribution.

Reward 2: $FRAK on the Fractal Bitcoin Chain

The second type of reward is $FRAK, the native token of the Fractalink ecosystem, distributed based on participation in the Fractalink mining pool. $FRAK rewards are tied to the amount of $FRAK committed by users, ensuring that active participants in the Fractalink mining ecosystem are adequately rewarded.

• Total Reward Pool: The total pool for $FRAK mining rewards is set at 4,200,000 $FRAK, distributed over a 30-day period.

• Mining Speed: The total reward pool is distributed at a consistent rate of approximately 1.62 $FRAK per second across all users. This constant rate of $FRAK generation ensures that rewards are continuously flowing to miners, with the actual reward per miner determined by their proportion of the total mining pool.

• Proportionate Distribution: Similar to the ETH reward system, the amount of $FRAK a user receives is determined by the proportion of $FRAK tokens they have committed to the mining process. The more $FRAK tokens a user commits in the mining pool, the larger their share of the overall rewards.

• Duration and Reward Distribution: The $FRAK reward is distributed over a 30-day mining cycle, after which the mining system recalculates and resets for the next cycle. This means that miners who participate earlier in the cycle have the opportunity to accumulate full rewards continuously throughout the 30-day period.

By dividing the rewards across two assets, the Fractalink mining mechanism ensures that users are incentivized to stay engaged, with immediate ETH payouts and the long-term value accrual of $FRAK.