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.

"When I burn things, they turn into gold. Nothin I can do about that"

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.