 | Ermine Virtual Mining (ERM) |
Ermine virtual miners are designed for mining cryptocurrency in the mining process. To receive passive income, you need to connect the miner to the pool (PPM) that will mine Ethereum.
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What is Ermine Virtual Mining
Ermine is a Web3 application in the world of decentralized finance (DeFi).
Virtual miners are issued to mine the Ethereum cryptocurrency (Real Yield) or can be involved in staking. You can earn by participating in mining, staking and referral program.
A total of 12 miner models will be released with a fixed total supply.
Each miner model has performance (IPS) and value measured in Ethereum. The more expensive the miner, the more productive it is and its 1 IPS will cost less.
Half of the Ethereum cryptocurrency from the sale of miners will be used in yields smart contracts for algorithmic trading on the DEX. The profit from the operation of the protocol will be distributed among the miners who have connected their miners to Ermine mining pools.
Staking tokens is a process where customers hold their tokens in a wallet and lock them up to participate in the platform’s activities. Users receive a reward for holding their tokens, which helps generate additional income. Ermine offers a staking system that allows investors to stake their ERM tokens and earn money. The team designed staking system to reward users who hold their tokens for a longer period of time, providing incentives for long-term investment.
Ermine Virtual Mining Roadmap
- Operational activities, search for partners and investors, work with the community, marketing activities are carried out regularly.
- Idea
- Planning
- Documentation preparation
- Developing ecosystem algorithms
- Issue of Ermine (ERM) tokens
- Issuing virtual miners (EVM)
- Primary audit of ERM token smart contract
- Preparing for the seed sale of ERM tokens
- Primary audit of EVM smart contract
- Ermine preorder
- LaunchPad for Ermine seed sale
- Audit smart contracts
- Ermine Store Opening
- Launching the referral program
- Launching a built-in liquidity pool with an exchanger
- Ermine token listing for built-in pool
- Launching bonus pools (staking)
- Audit smart contracts
- Launch YSM yield smart contracts
- Ethereum Virtual Mining Launch
- Second round of raising funds
- DEX Listing of Ermine Token
- First listing of Ermine token on CEX (the list of crypto exchanges is not disclosed)
- Expanding the Ermine ecosystem into the Binance Smart Chain (BSC) network, setting up and testing the bridge between networks
- Deployment of Ermine Ecosystem on Binance Smart Chain (BSC)
- ERM listing on DEX in BSC network
- Evolution of profitable YSM smart contracts
- Audit smart contracts
- Launching the return system for virtual miners ReturnVM
- Release of a limited series of Ermine virtual miners
- Implementation of algorithmic control for profitable smart contracts
- Testing decentralized YSMs
- Roadmap continuation will be published no earlier than Q3 2023
Token Sale Dates
ICO
Token Allocation
Funding Details
Token distribution
Investors - 12.50%
Company’s fund - 12.10%
Referral program - 7.39%
User airdrop for registration (gift) - 0.13%
Founders and team - 7.88%
Bonus and reward pool - 12.43%
Built-in liquidity pool (BLP) - 47.57%
Token Price and Payment Options
Project team
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