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Mina

MINA

About

Mina is the world's lightest blockchain, powered by participants.

$567,203,571

$901,696,642

99.21%

30d

+0%

N/A

Reward Options
Risk
Complexity
Reward
Adj. Reward
Minimum
Lock Up
Avg. Fee
Staking Ratio
Delegate Mina
Risk
stable
Complexity
easy
Reward
11.45%
Minimum
-
Lock Up
-
Staking Ratio
-
Adj. Reward
-0.49%
Avg. Fee
5.3%
Run A Validator On Mina
Risk
stable
Complexity
easy
Reward
12.1%
Minimum
-
Lock Up
-
Staking Ratio
-
Adj. Reward
0.09%
Avg. Fee
-

Calculate how much you can earn by staking Mina. Results vary based on the staking amount, term, and type selected.

USD
MINA

Advanced calculator

Revenue over time (USD / week)

Total Reward Rate

0%

or 0% annualized

Est. Monthly Earning

$0

0 MINA

Est. Yearly Earning

$0

0 MINA

FAQ's

  • What is Mina Protocol?
  • Mina Protocol claims to be the world’s lightest blockchain, powered by participants.

    By design, the entire Mina blockchain is about 22kb1 – the size of a couple of tweets. So participants can quickly sync and verify the network.

    With Mina, anyone who’s syncing the chain is also validating transactions like a full node. Mina’s design means any participant can take part in proof-of-stake consensus, have access to strong censorship-resistance and secure the blockchain.

    Mina enables an entirely new category of applications—Snapps. These SNARK-powered decentralized apps are optimized for efficiency, privacy and scalability. Logic and data are computed off-chain, then verified on-chain by the end user’s device. And information is validated without disclosing specifics, so people stay in control of their personal data.

  • Who are the Team Members behind Mina Protocol?
  • The team behind Mina is O(1) Labs lead by CEO Evan Shapiro and CTO Izaak Meckler, and they have over 20 employees and counting.

    Some other core team members include the following:

    • Claire Arthurs Kart – VP of Marketing & Community at O(1) Labs
    • Joon Kim – General Counsel at O(1) Labs
    • Emre Tekişalp – VP of Business Development and Operations at O(1) Labs
    • Andrew T. – Product Protocol Engineer at O(1) Labs
  • How did Mina Protocol launch?
  • They recently raised over $15 million and launched the mainnet in late March 2021.

    Individual tokens on the network will be called Mina.

    The initial supply of Mina will be 1 billion.

    There will be 3 types of roles within the Mina network, Verifiers, Block Producers and Snarkers.

  • How to Stake MINA?
  • The Mina network is secured by Proof-of-Stake consensus. With this model of consensus, you don’t need to have complex equipment like in Bitcoin mining. By simply having mina in our wallet, we can choose to either stake it ourselves, or delegate it to another node.

    For official documentation on how to stake and delegate MINA, please visit here.

  • How much can I earn Staking MINA?
  • You can either Stake MINA or Delegate MINA. Delegating mina is an alternative option to staking it directly, with the benefit of not having to maintain a node that is always connected to the network.

    Based on the current parameters you can earn around 25% APR delegating MINA.

    Check out all the Staking Providers for delegating MINA in the Mina Protocol asset profile.

     

  • Any risks to Staking MINA?
  • Although there is no lockup time please consider there is a latency period of a 2-4 weeks before your new stake delegation comes into effect.