MTT token will have a new output method soon
News2024-12-27
After only two months of launch, MTT Sports has 30,000 daily active users, over 250,000 people participating in weekly competitions, and a total of 7 million transactions across the platform. It has gained recognition from users around the world.
MTT Network, as its blockchain infrastructure, has also reached a milestone in its development.
In order to achieve a widely decentralized node architecture, MTT Network plans to launch the MTT Validator Protocol (referred to as the "MVP Plan") on January 1, 2025.
The launch of the MVP program also means that there is a new way to obtain MTT tokens.
Prior to this, users could only obtain MTT tokens through MTT Sports competitions.
Specifically, starting from January 1, 2025, users can participate in the MVP plan through node creation and delegated staking:
- Node creation: The threshold is relatively high, requiring participants to stake 10,000 MTT tokens and have certain programming skills
- Delegated staking: no financial or technical threshold, everyone can participate
For players, entrusting staking is obviously more feasible. Pledge any amount of MTT tokens can be used to obtain gas fees and block rewards. The rewards are calculated from the day of staking and will be automatically deposited into the staking wallet.
It is worth mentioning that the earlier you participate in the MVP program, the more generous the rewards you will receive.
According to the white paper, the total token supply of MTT Network is 2.1 billion, of which 10% (210 million) will be used as block rewards, and it is planned to be halved every four years.
On January 1, 2025, after the MVP program is launched, users can log in to mtt.network to go to the "nodes" page to view the relevant details.
From MTT Sports official NewsNews