Minting Feature for Boosting Customer's Return Rate (Minting Booster)
MIFI is an example of a MIntable Token, in that Tokens are issued on a per block basis. Generally, Mintable Tokens are said to be conceptually related to Pool Rewards, however such a link is very limiting in terms of their function and definition. Rather than the Mintable Token contributing to the Pool Reward on a proportional basis over time, they are more often seen as a means of generating tokens for free when a need/insufficiency arises. MIFI was formulated to accelerate the process of the Minted Token being paid into the Reward Pool. The Minted Token is not just transactional consideration or compensation, but rather a structural enhancement so that rewards are paid more frequently and efficiently.
Copy link