Mining Distribution
How AWX is distributed upon mining $DRACO
This page talks about the input tokens that people use to create DRACO miners and what the Draco protocol does with it.
To mine DRACO, people use AWX + time. The AWX gets given back to the users in a variety of ways to support the ecosystem growth, as seen below.
Draco Flow Chart
AWX distribution:
47% Decentralised Buy&Burn/Grow smart contract to buy DRACO off the market via the AWX/DRACO pair on Uniswap v3 and burn the DRACO it buys over time. Plus add to the DRACO Daily Infinite Auction Pool.
23% the payout cycles used to pay out DRACO Stakers based on their # of shares
8% DRACO Vortex
3% LP Thickener Pool
3% AWX Hybrid NFT Staking Pool
8% AWX Treasury used to further build out the AwesomeX Universe.
8% Genesis of which you should have no expectations whatsoever.
This is all done through smart contracts that users call & interact with using their own private keys, there is no central actor, authority, individual, group or company doing any critical work whatsoever. It's completely decentralized, owned & ran by the users interacting with the smart contracts deployed on the globally decentralized network called Ethereum.
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