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How is TPC Mined?
How is TPC Mined?

Explanation of Teleport Plaque Coin Mining process

Updated over 3 months ago

TPC (Teleport Plaque Coin) is Mined through the purchase of a TPA (Teleport Plaque Address).

When a TPA gets Minted in the purchase, a portion of TPC is Mined during the transaction. This process increases the total supply of TPC Pool.

The process goes as follows:

  1. TPA Minting

    When a TPA is Minted, a portion of TPC is extracted, increasing the total TPC supply.

  2. TPC Circulation

    The mined TPC enters circulation, fueling transactions and powering the spatial computing ecosystem.

  3. Secure Network

    The mining process helps maintain the security and integrity of the TPC network, ensuring its stable operation.

Important

Once a TPA is Minted, the Owner has the option to purchase the portion of TPC Mined from the Operation.

If the Owner doesn’t claim them, the TPC generated goes back to the Pool and can be purchased by another user.

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