Canxium is a groundbreaking blockchain featuring offline mining without the need for a continuous internet connection. Miners can freely mine CAU using the PoW algorithm anywhere and anytime they want.
Each time a miner successfully mines 1 CAU, they must share 15% (~0.15 CAU) with the validators who are responsible for verifying and securing the Canxium network. Additionally, they share 10–15% (0.1–0.15 CAU) with the Canxium Fund to help develop the ecosystem and advance the Canxium protocol.
Because mining is a costly and risky endeavor, we have decided to launch a new type of token called Offline Coin, with the ticker symbol OFF. If miners hold OFF and choose to burn 1 OFF for each mining transaction, they will receive 75% of the CAU awarded for that transaction instead of 70% if they do not hold OFF.
Thus, OFF is a new coin in the Canxium ecosystem with a real market and demand from miners. Below is the tokenomics of OFF:
- 2.5% Team
- 5% Cex Listing
- 10% Marketing
- 12.5% Airdrop to Dino game players
- 20% Staking rewards
- 50% Dex Liquidity
The total supply of OFF will be capped at 21 billion tokens.
We are in the final stages of preparation and will proceed with the airdrop and official listing of OFF in the near future.
