AIRO NETWORK WHITEPAPER v2.0
  • 📄AIRO Network Whitepaper One-Pager
  • Introduction
    • 📔Foreword
    • 🌎Introduction
    • 🌚Air pollution monitoring
    • 🇪🇺The air in Europe
    • 🌿What is AIRO?
    • 💸The Air Quality Business
    • 👨‍🎓What makes a great air quality monitor?
    • ⛓️The AIRO Network
  • Products
    • 🤖The Air Miner
    • 📺The Air Miner Dashboard
    • 📱The AIRO App
    • 🏙️AIROMAP.COM
    • 💹WEX.CX
    • 💡Use Cases
  • ECONOMY
    • 📖Token Description
    • 🥧Tokenomics
    • 💰Profit sharing
    • 🔋Token Utility
    • 🚂Steaming
    • ⛏️Miner Network Ratings (MNR)
    • ⚙️REGEN Fees
    • 🔥The Burn Mechanism
    • 🔓Token unlocks
  • ROADMAP
    • 🦋Butterfly
    • 🍃Wind
    • ⛈️Storm
    • 🌪️Tornado
  • TEAM AND DISCLAIMER
    • 👨‍❤️‍💋‍👨Team Information
  • LEGAL DISCLAIMER AND RISK DISCLOSURE STATEMENT
    • 📃Legal Notice
  • 🛰️Sources and Links
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  1. ECONOMY

REGEN Fees

REGEN Fees in the AIRO mining system are associated with maintaining a miner's STEAM, represented by the STEAM Rating. When a user withdraws $AIRO tokens from their miner, the miner's STEAM decreases, leading to reduced rewards. To restore the miner's STEAM and ensure it continues to produce maximum rewards, the user needs to deposit the withdrawn $AIRO tokens back into the miner's account and pay an additional REGEN fee.

How REGEN Fees Work

  1. Withdrawal Impact:

    • Each withdrawal reduces the STEAM level of the miner.

    • Reduced STEAM levels lead to lower rewards until the miner is regenerated.

  2. Restoration:

    • To restore STEAM, users deposit the withdrawn $AIRO tokens and pay a REGEN fee.

    • The REGEN fee is a percentage (X%) of the $AIRO deposited.

  3. Fee Allocation:

    • 50% of the REGEN fees go to the DAO.

    • The remaining 50% is distributed to the holders of AIRO NFTs, including current and future collections.

Example

  • Withdrawn Tokens: 1,000 $AIRO

  • REGEN Fee Percentage: 5%

REGEN Fee = 1,000 \times 0.05 = 50 $AIRO
REGEN Fee = 1,000 \times 0.05 = 50 \text{ $AIRO}
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Last updated 11 months ago

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