Burning Mechanism and Gas fees in Mira Network
MIRA Coin and Lumira coin serve distinct functions within the Mira Network ecosystem.
MIRA Coin operates as the network’s native currency, with a capped supply of 27 million tokens and no burning mechanism but with fees. It is used for investments, transactions, and rewards distribution within the network.
Lumira Coin functions as a dynamic stablecoin, initially referencing the Swiss Franc (CHF) and launched with a supply of 250 million tokens. It includes a burning mechanism wini gas fee and a structure designed to support an increasing price floor at various stages, which is influenced by community participation and engagement.
Both tokens are intended for exchange listing and contribute to the ongoing development of the Mira Network. Mira Network facilitates the network’s economic activity, while Lumira is designed to provide stability and incentivize community involvement through mechanisms such as mining and engagement.
Together, these tokens support the infrastructure and sustainability of the Mira Network ecosystem.
