01 — GRIDMINE Docs

Intro

Learn about the protocol.

GRIDMINE is a fast, on-chain mining protocol. Every minute, miners commit SOL across a grid of 25 squares. When the minute ends, tamper-proof randomness selects one square as that round’s block. Everyone who committed to it shares the round’s SOL and earns freshly-minted GRIDMINE — distributed fairly, in proportion to what each miner put in.

How a round works

  1. Commit. Stake SOL on one or more of the 25 squares.
  2. Resolve. When the minute ends, a drand beacon (verified on-chain) selects the winning square — no one can predict or rig it, so every miner gets a fair shot for each unit of SOL committed.
  3. Earn. If you committed to that square, you take a proportional share of its SOL plus freshly-minted GRIDMINE. A growing Jackpot also pays out from time to time.

Why hold GRIDMINE?

GRIDMINE isn’t just a reward — it’s a claim on the protocol’s revenue. Lock it up and you earn a slice of the SOL from every round. The token launches fairly (no pre-sale, no insider allocation) and is released gradually through mining.

The moving parts

  • Grid Mining — the core protocol.
  • GRIDMINE Token — the reward token, with a small tax on trades that feeds the jackpot.
  • Vote-Escrow (veNFT) — lock GRIDMINE to earn SOL from the protocol.
  • Liquidity Staking — stake LP tokens to earn SOL.
  • Auto-Commit — set it once and mine automatically each round.

Community

Follow GRIDMINE on X: @getgridmine