Mining

A rewarding system that satisfies both creators and fans

Mining in the Charactbit ecosystem means getting Forms tokens through sponsorship from Forms. You can donate to Forms through Solana or Charactbit tokens, and a proportional amount of Forms tokens are minted. The minted tokens are split in half between the Forms and the sponsor.

Sponsored tokens are distributed to Forms and Foundations on a contract basis, and the foundation maintains an improved stake in the Forms token by buying some of the Forms tokens directly from Forms. Early Forms tokens are minted equal to the value of the sponsored token. In the future, community agreements will reduce the percentage of casting. These agreements occur when the amount of sponsorship is too large for the popularity of Forms.