Mandike Main Features
Mandike is a revolutionary cryptocurrency that offers unparalleled flexibility and versatility as both a coin and a token. As a coin, it offers the stability and security of a decentralized blockchain, allowing for fast and secure transactions. As a token, it unlocks the full potential of your investment through increased liquidity and accessibility. With Mandike, you can take advantage of the best of both worlds, making it the perfect choice for anyone looking for a reliable and profitable cryptocurrency experience.
Masternode & Staking Reward
Masternode rewards are earned by providing network services and require a significant amount of coins as collateral. Staking rewards, on the other hand, are earned by holding coins in a wallet and supporting the network's security. Both Masternode and Staking provide a way to earn a steady stream of income while supporting the network's security and stability.
Mandike Blockchain inherits a unique feature from PIVX that promotes a deflationary economy. With each transaction, a small fee is charged and that fee is burned. This means that as more transactions are made, the overall supply will decrease, creating a deflationary effect. By burning the transaction fees, we are able to create a sustainable economy that benefits everyone involved.
Our platform offers a unique feature that allows users to wrap coins into tokens, unlocking a world of new possibilities. With this feature, users can turn their coins into digital assets that can be traded on a global marketplace, increasing their liquidity and accessibility. In summary, coin wrapping allows users to increase the liquidity of their assets and access new markets.
Cross Chain Bridge
Cross-chain bridge feature enabling users to seamlessly move their assets across different blockchain networks. The cross-chain bridge feature allows for interoperability between different blockchains, breaking down the barriers of isolated networks and enabling the free flow of assets. Big names of these chains are; Ethereum, Fantom, Binance Smart Chain, Polygon and many more.
Prove of Reserve
The Prove of Reserve feature is a transparent and secure way to ensure that all tokens minted on our wrapping service are fully backed by the real coin at 1:1 ratio, giving users peace of mind and trust in the authenticity of their holdings. Our platform offers a seamless and user-friendly experience for users to validate and track the authenticity of their assets. Utilizing a comprehensive REST-API, users can easily access and verify the supply on every blockchain and the coins in our custody.
Our platform's feature of 'Unlimited Potential' goes beyond just coin wrapping. We provide a comprehensive suite of services for tokenizing various real-world assets such as precious metals, commodities, and even businesses and companies. Additionally, tokenizing revenue streams or assets of a business can provide liquidity and access to capital for the business. This opens up a world of opportunities for investors and businesses alike to increase the liquidity of their assets while maintaining ownership and control.
Unique Selling Points (USP)
Mandike Differentiating Factor
The value proposition that makes Mandike Project compelling to potential customers and distinguishes it from competitors.
Mandike presents a pioneering and cutting-edge solution in the realm of masternode cryptocurrency. With a scarcity of players offering similar services, Mandike stands out with its exceptional wrapping coin service and cross-chain bridge platform. This game-changing service is set to revolutionize the masternode industry.
Mandike Platform is designed to be highly scalable, allowing for growth and increased usage as more users and masternode coin developers adopt the platform.
Mandike's token economics are designed to be deflationary, ensuring scarcity and long-term value for holders.
We don't sell promise, picture or unclear vision. Our usecase is ready from day one. The innovative use case of Mandike is available for immediate use, offering users the opportunity to start experiencing the benefits of the platform from day one.
Mandike Coin Specification
Mandike (XMD) is a Proof of Stake + Masternode Coin
Masternodes provide additional nodes to validate blocks and transactions, adding to the distributed security of the network. These nodes are always on, and require collateral to be held in a controlling wallet. Masternode owners are rewarded for their service to the network.
Proof of Stake
Receive rewards for securing the Mandike (XMD) network just by holding coins in your wallet.
The local wallet default setting is turned on for staking, therefore users simply need to send coins to their local wallet and wait for their coins to mature, and staking will begin.
Wrapped Mandike (wXMD)
Mandike is a versatile cryptocurrency that can be transformed into a token called wXMD through smart contract technology. wXMD offers increased liquidity on decentralized exchanges and greater exposure to a wider range of investors, all while utilizing reliable blockchain networks like Ethereum and Binance Smart Chain.
Collateral & Reward Table
|Block Start||Block End||Collateral||Block Reward||Masternode Reward||Staking Reward||Total Supply|
We are here to help you
Stay informed with our comprehensive list of frequently asked questions. Our FAQs are constantly updated to provide the most relevant answers.
The cross-chain bridge feature in Mandike platform allows the transfer of assets and value between different blockchain networks. The feature enables users to move their assets from one blockchain to another, leveraging the advantages of both networks, and providing greater flexibility and interoperability.
Mandike Coin (XMD) can be acquired through various methods such as purchasing on a centralized or decentralized exchange, staking in your own wallet or participating in a staking pool.
You can acquire Wrapped Mandike Token (wXMD) via Decentralized Exchanges and swap it for Mandike Coin (XMD) through our convenient bridge service.
The ultimate method to obtain Mandike Coin (XMD) is by operating masternode(s) for consistent rewards.
The return on investment for Mandike Coin is dynamic and contingent upon the amount of coins in possession. Possessing a larger quantity of coins increases the likelihood of generating additional coins through staking and operating a masternode.
The higher the level of participation in staking, the greater the difficulty and therefore the reduction in ROI. The same holds true for masternode, as an increase in the number of online masternodes results in a proportional decrease in ROI.For a precise and up-to-date understanding of the real-time return on investment (ROI), we recommend visiting one of our trusted masternode statistics partner websites. You can find the links to these partners in our partner section in this website.
You have to buy XMD or wXMD first. You must have the required collateral to run a masternode.
There are many ways to setup masternode;
Enjoy the convenience of hosting your masternode with a provider while retaining control of your coins in your personal wallet. Find our official masternode hosting providers in the partners section.
Join our official masternode sharing platforms, but be aware that this option carries a higher security risk as you are entrusting your coins to the owner of the masternode pooling platform.
Run Masternode on Virtual Private Server (VPS)
For complete control over your masternode and coins, the optimal solution is to run your own node on a Virtual Private Server (VPS).
Mandike (XMD) and wXMD are two distinct assets in the Mandike ecosystem. Mandike (XMD) is the original blockchain-based coin that uses Proof-of-Stake and Masternode consensus mechanisms, while wXMD is a token that represents Mandike (XMD) and is built on a different blockchain, such as Ethereum or Binance Smart Chain, using smart contract technology. The main difference between the two is that wXMD offers increased liquidity and broader exposure to a wider range of investors, while Mandike (XMD) remains the underlying asset with full ownership and control.
The purpose of wrapping Mandike into a token, wXMD, is to increase the liquidity of Mandike and make it more accessible for trading on decentralized exchanges. Wrapping Mandike into a token also allows for increased exposure and awareness to a broader range of investors. Utilizing smart contract technology on blockchain networks such as Ethereum and Binance Smart Chain, the wrapped token provides a convenient and secure way to trade and invest in Mandike.
If you hold the Wrapped Mandike (wXMD) token, simply swap it to Mandike Coin (XMD) through our bridge service. From there, you have the choice to partake in staking in one of two ways.
Join Staking Pool
Swap your wXMD to XMD on our bridge service and send directly to the staking pool platform from the bridge, and you'll be all set to receive rewards when the pool receives block rewards.
Holding coins in your desktop wallet.
Swap your wXMD to XMD and securely store it in your desktop wallet, ensuring that it is open and accessible 24/7 for seamless staking. While this option may be less convenient, it provides a higher level of security for your coins.