Mine UNIT0
UNIT0 serves as the fee asset in the Unit Zero network and also the governance token of the Units Ecosystem DAO. Initially, UNIT0 will have a zero supply, fostering scarcity and adding value from the onset of the launch.
UNIT0 will be exclusively mined within a two-year timeframe by holders of the L2MP intermediary token. A node's probability of being selected to produce Unit Zero blocks during an epoch is directly proportional to its L2MP stake.
There will be two options to mine Unit0:
Launch your own node in the Unit Zero network
Delegate your L2MP to a mining node
Both the options will become available after the Unit Zero Mainnet launch.
Mine with your own node
Reach a generating balance of at least 20,000 WAVES (by ownership or lease).
Stake L2MP to the Stake Contract on the Waves network in favour of your node.
Set up a Unit Zero node:
Launch a Waves node with the ConsensusClient extension
Launch an Execution Client such as Hyperledger Besu.
Join Unit Zero by invoking the
join()
functions of the Chain Contract.
Your Unit0 rewards will be accrued to your L1 address with each L1 epoch when your node produces blocks. The greater your node's L2MP stake, the higher your node's chance to be selected as a miner within an epoch.
Delegate your L2MP
Miners can share their UNIT0 rewards with those users who delegate their L2MP stake to them. The frequency and percentage of these payouts are determined by the miners independently and are not defined by the staking protocol.
If you're happy with the terms offered by the miner, you can stake your L2MP to the Stake Contract, indicating the delegated node.
How to get L2MP
Buy in the spot market on WX Network
Swap instantly in Keeper
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