We’re moving confidently along our roadmap and have now completed the first-ever custom blockchain in #Memhash. Hashcash Blockchain is launching a little before or right after listing, introducing new mechanics and a 50,000 USDT + 10,000 USDT every 100M locked tokens reward pool for participants.
During claiming, you will have the option to join Hashcash Mining or skip it - the choice is yours. Participation requires locking 50% of your $Memhash.
#⃣ How It Works?
• During the claiming process, you will be given the option to participate or skip Hashcash mining.
• If you choose to mine Hashcash, you must lock 50% of your $Memhash. This locked amount cannot be withdrawn during the mining period.
• Upgrades can only be purchased using the locked $Memhash, allowing you to optimize your mining performance.
• After Hashcash mining ends, all locked $Memhash, including any used for upgrades, will gradually unlock at 10% per day until fully available for withdrawal.
⛏ Mining Details
• Total Supply: ~50,000 Hashcash(based on reward pool)
• Duration: 2-3 weeks
• Block Time: ~1-1:30 min
• Total Blocks: 20,000
• Access: Only before claiming (50% token lock required)
• Upgrades: Can only be purchased with locked $Memhash
🚰 What Happens After Mining?
• For one week after mining, you can swap Hashcash 1:1 for USDT (e.g., if you mine 1,000 Hashcash, you can swap it for 1,000 USDT).
• Or, you can choose to keep your Hashcash tokens instead of swapping for USDT.
• After one week, Hashcash will be minted as a Jetton, and any remaining USDT + buyback tokens will be used as initial locked liquidity.
Example Liquidity Setup: If 25,000 Hashcash is swapped for USDT, and 25,000 Hashcash is kept, the initial pool will have 25,000 Hashcash + 25,000 USDT locked as liquidity.
🗓 Prepare for Launch!
• Hashcash Blockchain will be available a little before or right after listing.
• This is only the first custom blockchain, and many more are coming with cool rewards and unique mechanics in Stage 2 for $Memhash holders.
Stay tuned - we’re already working on another blockchain designed for those who will participate in the listing not only as holders, but also as buyers.