⚒️MetaMinting

The Deflationary Token Minting model is an innovative and efficient mechanism based on decentralized staking. It enables users to mint new tokens by staking their existing tokens. The primary objective of this model is to effectively address token inflation by gradually reducing the number of tokens minted daily per account over time.

This system employs smart contracts to ensure transparency and fairness in rewarding users. When users stake $MEN tokens via MetaMinting, they receive daily rewards of up to 0.6% based on their Total Vesting Amount.

Additionally, the Deflationary Token Minting model ensures a gradual reduction in the daily mintable token supply over time. This is crucial for maintaining and stabilizing the token's value. As the mintable token supply decreases, the overall token supply in the market diminishes, creating upward price pressure and ensuring long-term sustainability.

In summary, the Deflationary Token Minting model benefits both users and the system. Users participate in the creation of new tokens and receive fair daily rewards, while the system ensures transparency, fairness, and value preservation for the token. This represents a significant advancement in token minting, effectively mitigating token inflation.