Emission Mechanisms

1. Mining

Process: Users can mine $NAVY tokens by hosting AI models on their GPUs.

Staking Requirement: A minimum of 1,000 $NAVY or eNAVY tokens must be staked for a mining node to be active. Below this threshold, no rewards are generated.

Reward: Mining yields eNAVY tokens, which is automatically compounded to the stake of miner node. Reward rate depends on GPU efficiency, availability (uptime), the type of AI model being run, and the total amount staked in a miner node.

Boosted POW Mining: For stakes between 10,000 to 100,000 $NAVY tokens, mining efficiency increases proportionally with the amount staked.

2. Contributing

Process: User will get reward as eNavy by GPU contribution program Reward: Contributing system caculates user configuration performance during running program

Lock Period: TBD

2. Staking

Process: Any user can stake $NAVY or eNAVY tokens in mining nodes.

Reward: Staking yields are given in $NAVY or eNAVY depending on the type of token staked. Staking eNAVY produces higher yields than $NAVY.

Lock Period: Unstaking $NAVY incurs a 30-day lock period. Unstaking eNAVY has no lock period.

Vesting: eNAVY rewards can be vested into $NAVY over a 60 days to one-year period with linear vesting.

Transfer of Stake: Users can instantly transfer their $NAVY or eNAVY stake from one miner to another. This promotes flexibility and competition among miners.