People trade ZECBOX
Every trade on Solana leaves a creator fee. That fee belongs to this coin alone.
Launched on Minepad
The Zcash mine
you can hold.
No rig of your own. Trades in ZECBOX pay for the Zcash hashpower. A found block buys the coin back.
How it works
Fees rent the rig.
Fees rent the rig.
The block rents the next trade.
Fees rent Zcash mining
Each new $10 of fees orders one small package for the Zcash mine. The fee is not a buyback. It pays the rig.
A block is the prize
The package is hunting one Zcash block. It can run its full time and find nothing. A find is the whole reward.
The reward buys the coin
The block is sold. Eighty percent buys ZECBOX on the open market. That buy is the reason the loop continues.
After a block
One reward. Two buys.
Fees stay on the rig. The split applies only to a block that was actually found.
Bought back into this coin. This is the part holders feel on the chart.
Bought back into MINEPAD. Every Minepad coin sends the same share.
The buyback stays locked for one month. If people are still holding ZECBOX, it locks for another month. If no one is left holding it, that buyback is sold and the proceeds buy MINEPAD.
Questions
What the loop is, and what it is not.
Zcash only. The coin is launched on Minepad and paired to that one mine. Fees do not buy Bitcoin or Dogecoin hashpower.
No. Fees rent the rig. The buyback happens when a block is found, and then only 80% of that reward buys ZECBOX.
No. More fees mean more packages, and more packages mean more chances. A package can finish empty. Nothing on this page is a payout schedule.
Minepad is the launchpad that pairs the coin to the mine. Twenty percent of every found block buys MINEPAD. Eighty percent stays with the coin that paid for the package.