Locked mining refers to a mining process where the rewards earned from mining activities are restricted or locked for a certain period. This mechanism is often implemented to promote stability and long-term investment in a particular blockchain project. When miners participate in locked mining, their rewards are not immediately available for trading or withdrawal. Instead, they must wait until the lockup period expires. This approach can help reduce volatility in the token’s price, as fewer tokens are available for quick selling. Additionally, locked mining can serve as an incentive for users to support network security and integrity. By locking their rewards, miners show commitment to the project’s long-term success and are less likely to engage in manipulative trading practices. Ultimately, this method can foster a stronger community and encourage users to contribute to the network’s stability and growth.
Avalanche Treasury Co. to Go Public in $675M Deal With Mountain Lake Acquisition
Avalanche Treasury Co. (AVAT), a digital asset treasury company aligned with the Avalanche Foundation, said Wednesday it has agreed to