About BEST
BEST token is issued by BESToken Mining Limited. Each BEST token anchors 0.01T real Bitcoin hashrate and 0.03M Ethereum hashrate. Staking 1 BEST entails a continuous BTC mining income from 0.01T/s Bitcoin hashrate and an ETH mining income from 0.03M/s Ethereum hashrate. BEST holders enjoy both mining income and market liquidity. In doing this, BEST helps each participant to effectively participate in the mining business.
Tokenomics
Project: BEST (Bitcoin and Ethereum Standard Token)
Token: BEST
Total Supply: 5,000,000 BEST
Initial Circulating Supply: 180,000 BEST (3.6% of total)
Governance Token: MUSK
Total Supply of MUSK: 10,000,000 MUSK
Initial Circulation of MUSK: 40,000 MUSK (0.4% of total)
Website: https://bestokens.network/
Distinctive Project Advantages
Dual Tokenomics: Hashrate Token BEST+ Governance Token MUSK
Hashrate token 2.0 concept
Dual mining rewards
Fundamental
BEST adopts a dual token economic model that combines both the hashrate token BEST and the governance token MUSK. There will be 5 million BEST initial circulating. BEST will issue more in future according to the real hashrate of mining machines. The governance token MUSK will only be generated through liquidity mining by users. No private sale and pre-mining will be involved. The circulation of MUSK is based on a deflation model. This means that, the initial daily supply of MUSK is 40,000 but will decrease by 13% every 30 days. Part of the BEST ecosystem’s profits and 20% of the BTC and ETH mining rewards will be used to buy back and burn MUSK, which will further reduce the number of MUSK in circulation.
BEST provides users with dual mining rewards. BEST holders will receive BTC+ETH mining rewards and MUSK mining rewards by being the liquidity provider. By combining the benefits from traditional hashrate mining and the revenues from DeFi liquidity mining, BEST maximizes users’ revenue.
BEST announced that it had secured $1 million presale with Infinity Labs, Hotbit Labs, Oasis Capital, HappyBlock, etc. In the latest round of presale, it received further investment from AU21 Capital. With the funds raised at hand, BEST plans to initially be listed on DEX platforms, such as DODO, PancakeSwap, etc., in April and at the same time provides BEST staking mining as well as liquidity mining of the governance token MUSK.
Hashrate token ecosystem has excellent growth potential. The rapid growth of the blockchain industry has also fostered the popularity of mining/hashrate. The booming hashrate token ecosystem overcomes the growth impediment in the hashrate market, i.e., a lack of liquidity. In the hashrate token system, miners and investors enjoy a “win-win” situation. At present, hashrate token is in full swing. BEST embodies both concepts of hashrate tokens and DeFi, and thereby may have a very promising future.
Investors
AU21 Capital、Infinity Labs、Hotbit Labs、Oasis Capital、7 O’Clock Foundation、PolkaFund、HappyBlock、Crypto Capital、Onemax Capital、7star.capital 、Redline Capital.
BEST token is iBEST token issued by BESToken Mining Limited. Each BEST token , anchorsed 0.01T real Bitcoin mining powerhashrate and 0.03M Ethereum mining powerhashrate. Hold and Sstakinge 1 BEST entails a continuous to continuously obtain BTC mining income from 0.01T/s Bitcoin computing powerhashrate and an ETH mining income from 0.03M/s Ethereum computing powerhashrate. BEST holders enjoy both , which has mining income and market liquidity. In doing this, BEST is designed to allowhelps each participant everyone to effectively participate in thehave their own mining business easily.
