DHX Staking, Mining, and Earning Boosts
The $DHX DAO Team has been overwhelmed by the response to our efforts to broaden the users and reach of our DataHighway Token, thanks to everyone!
The $DHX DAO genesis members were focused on teaming with another token to reward their users, we chose a token that had solid fundamentals and a token partner we believed was able to communicate well with their users.
We chose the MXC Foundation token for a number of reasons. Firstly, we believe $MXC are quite satisfied with how the promotion has gone so far, and yes, despite the ostentatious responses from some of their supporters, who have a lot of expectations from a free giveaway, we believe that most $MXC supporters are happy. Our DataHighway team has some commits we would like to add to the ongoing questions surrounding $DHX, $DHX rewards, Partnership with the MXC Foundation and bonuses.
HOW DOES THE BOOST WORK?
A boost of $DHX earnings happens for $MXC holders when they stake $MXC token under $DHX on the free DataDash App and, to get a boost, you will need to have an M2 Pro Miner. Sure, you can earn $DHX without an M2 Pro Miner, but if you want a good, strong boost you need at least 1 x M2 Pro also.
Now, this is where confusion has been coming in, having an M2 Pro is a booster, it isn’t a generator of token. So this means, if you have very small amounts of $MXC staked, you won’t receive much $DHX, because, the M2 Pro is a booster, so if you want to set your earnings to moon, you must, own at least 1 x M2 Pro PLUS stake a significant portion of $MXC token.
The levels go from 1 million MXC levels, so to boost significantly, stake 1 million $MXC (its staking, just stake, you won’t lose it), and have an M2 Pro (or more), the next level to increase your earnings would be 2 million $MXC.
For those who own an M2 Pro, and don’t stake much $MXC, you won’t earn much, the key is to stake $MXC! Now, before anyone says “this isn’t fair” well, actually it is! See, after speaking with $MXC early on we understood from the reports that their MXC miners are already mining / earning, crazy amounts of profits / $MXC tokens by using the M2 Pro. So, as the MXC Miners are already earning so much, having them connect to $DHX promotion and earn even more when not staking $MXC simply isn’t fair. So, if you own an M2 Pro Miner, play your role and stake $MXC, it really is that easy!
WHY DO YOU RUN THIS PROMOTION?
We wanted to promote $DHX, we will also be working together with Polkadot in the future, however as $DOT were launching their Parachain market soon, such a promotion for $DHX wasn’t fitting to them when we wanted to launch. Polkadot recommended $MXC, hence we went with a key Polkadot partner, $MXC.
IT’S A BONUS!
All of the $DHX earnings are a bonus!
It’s that simple, this is free advertising and growth usage for $DHX, and free bonus earnings for users, so let’s all enjoy sharing the word of DataHighway and enjoy free stuff, everyone should love free stuff! Say it with me, I LOVE FREE STUFF!
WHY AREN’T MY $DHX EARNINGS HIGHER?
Before you ask our community this question, ask, did you firstly stake a reasonable amount of $MXC? By a reasonable amount we are talking an absolute minimum of 300,000 $MXC, sounds like a lot? Well, from nothing comes nothing, so you need to play your part also. Now, if you have an M2 Pro miner,l you will see boosts! Already staked and want to earn more? Stake more $MXC and re-stake other $MXC you have, simple! During this pre-mining time of $DHX this is the best time to earn free $DHX. So if you already staked and want to earn more $DHX, go out, get more $MXC and stake it under $DHX on the DataDash App, you will earn more!
HOW COME MY $DHX EARNINGS ARE DIPPING?
Think of $DHX like a pizza, there are 5,000 $DHX tokens available to be mined every day, so, it’s like 5,000 slices of pizza! So day one you stake your $MXC and/or have an M2 Pro and are earning eg: 15 $DHX / Day, life is good! Then two days later your 15 $DHX or 15 “Pizza Slices” are now down to 9 Pizza Slices. How can this be? Because someone new has sat at the table, they staked more $MXC than you did and possibly own 1 or more M2 Pro Miners than you. So they then get more or larger pieces of this $DHX Pizza, this reduces the overall amount available for you. So as more people join the table and there are a limited amount of pizza slices ($DHX / Day) you need to either increase your stakes or enjoy the pizza you get. Who doesn’t love $DHX and Pizza? We do!
WHAT HAPPENS WHEN $DHX PRE-MINE IS COMPLETE?
$DHX will launch on an exchange, that all to be announced soon. In order to earn more $DHX you will have to purchase $DHX from the exchange we list on and then stake the $DHX to earn $DHX. So, this truly is the best time to earn FREE $DHX, if you have $MXC in your account, just stake it, you literally have nothing to lose!
We hope this cleared up some misunderstandings, thank you for supporting our Decentralized Autonomous Organization, the DataHighway!
