πΉ 13:30β18:30 Dual Token Model: PNIC + MIRx
πͺ 1. Whatβs a Dual Token Model?
This means the company is now using TWO special tokens:
Phoenix Token (PNIC) β used to power the blockchain (like gas for your car).
Mir Token (MIRx) β used to feed and reward the workers (called Guardian Nodes).
Think of it like this:
PNIC runs the engine π MIRx pays the drivers πΈ
π₯ 2. How PNIC Works (Gas Token)
~ Every time someone makes a transaction (like buying something), they pay a tiny fee in Phoenix (PNIC). ~ That fee used to go to outside companies (like Avalanche), but now it's staying in-house, inside their own system. ~ That means more money and value stays in the Bellator ecosystem π°.
π§± 3. What MIRx Does (Power Token)
~ The Mir Token (MIRx) will go to people who run the Guardian Nodes. ~ These nodes help verify and secure the network. ~ People can become node operators by staking (locking up) 2,000 MIRx tokens β like putting up a deposit to do a job.
π¨βπ§ So the Guardian Nodes = Security Guards of the blockchain. They get rewarded in MIRx for keeping everything safe and running.
π΅ 4. Pay Node Holders Still Win
If you bought Pay Nodes in the past, youβre not left out! ~ You'll still earn extra income from the new system. ~ Youβll get a share of revenue every time someone uses Miracle Pay β the system for buying things in stores or online.
π‘ So youβll now have:
Your old Pay Node rewards βοΈ
PLUS new blockchain gas fees and bonuses βοΈβοΈ
π§ 5. Why This Matters:
~ This setup gives two strong money flows:
Phoenix gets used every time something happens on the chain (thatβs demand!).
MIRx is used to reward the people who make the system run safely.
π This creates a cycle where people want to use the system AND keep it running.
π¦ 6. Everything On-Chain = Full Control
Starting in November:
All transactions will be automated.
No more waiting on humans to approve stuff.
Just plug in your wallet, and it does the work for you.
Theyβll even make it so that other companies can use this system for their own payments, commissions, or automation tools β just like SaaS (software-as-a-service).
π§° 7. Itβs Like Owning the Tools AND the Highway
Bellatorβs not just driving on someone elseβs road β theyβre building the road and letting others drive on itβ¦ for a fee ππ¨ Thatβs how Visa and Mastercard work β they donβt sell anything, they just run the road for others to use!
Last updated