LFi Minting

LFi Minting: Tokenize Assets with Ease - Learn how LFi Minting simplifies the process of tokenizing your assets, making it easy to convert real-world assets into digital tokens. Coming soon!

LFi Minting

Minting is the process of validating information, creating a new block, and recording that information into the blockchain. LFi Minting is the process of issuing new LFI tokens in the circulating supply.

LFi minting works on three different layers:

  1. Proof of Stake: by being a validator of LFi Chain.

  2. Proof of Coverage: by participating in the development of the Internet of People (IOP) by owning or renting hardware, activating the license and sharing IPFS.

  3. Poof of Action: by performing actions such as reading how LFi works, watching advertisements, and many other services

How are rewards received?

  • Proof of Stake: every block that is validated will allow the validator to receive LFi.

  • Proof of Coverage: rewards are daily and NFT license-based.

  • Poof of Action: rewards are minted for every action performed.

Proof of Stake minting will be active after the release of LFi Chain.

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