OKX, a platform that introduces users to innovative Blockchain projects regularly, is set to kick off the mining process for Meson Network (MSN) through OKX Jumpstart. The launch of MSN token mining on OKX Jumpstart Mining will commence on April 26, 2024, at 9:00 AM. This initiative allows Bitcoin (BTC) and Ethereum (ETH) holders to engage in MSN token mining by pledging their assets. To participate, individuals must meet specific requirements such as being outside Mainland China, Hong Kong, and South Korea, and completing identity verification.

An essential component of the program is the calculation of staking rewards. Participants will earn MSN tokens based on the amount of BTC or ETH they stake in relation to the total assets staked at that moment, multiplied by the tokens released per minute. For instance, staking 0.1 BTC when a total of one thousand BTC is staked, with ten thousand tokens released per minute, results in the user receiving one MSN token per minute as a reward.

To facilitate seamless staking and unstaking, OKX has provided clear instructions. Users are required to transfer their BTC or ETH to their funding accounts, access the 'Jumpstart' section via OKX's official app, and navigate to the 'Grow' segment for a smooth experience. Claiming rewards is a similarly straightforward process, allowing users to reclaim their BTC or ETH to their funding accounts automatically at their convenience.

Failure to withdraw staked BTC or ETH by the end of the mining period will result in the stake being automatically distributed as rewards to the funding account within two hours post-event conclusion. More information regarding deposit, withdrawal, and trading options for MSN tokens will be disclosed later.

What is Meson Network (MSN)?

Meson Network is dedicated to transforming Web3 by establishing a streamlined bandwidth marketplace utilizing Blockchain technology as an alternative to conventional labor-centric sales models. The MSN token, with a fixed supply of 100 million tokens, serves as the primary network asset, facilitating access to bandwidth and big data services, offering rewards to network contributors, enhancing mining efficiency through token staking, and enabling participation in governance processes for network users.