RM LoyaltyProtocol Race Miles For Mining Race Wallet

The Loyalty Pass is a digital pass determined by the RM you are holding.

Mining Race Wallet checks your blockchain address for how much RM you hold on a daily basis. Depending on the amount of RM in your wallet, the system automatically activates the relevant Wallet Pass and its benefits in a fully decentralized manner. There is no need to manually activate your Wallet Pass — it updates with your RM holdings in real time.

The Loyalty Pass provides discounts and benefits for users, partners, and additional exclusive services within the Mining Race Wallet ecosystem. The value is in the perks offered as well as future wallet updates.

The ecosystem was created before the launch of the Loyalty Protocol. The protocol's utility serves to reward an existing active user base that spends within the ecosystem and offers them benefits from day one.

The Loyalty Pass is optional — we encourage all our users to participate in the new program and enjoy all the benefits it brings. However, it is not mandatory.

Mining Race develops and operates the ecosystem's wallet and products. The RM Foundation oversees the issuance of RM and is responsible for the protocol's rules, maintenance, and treasury management. Mining Race is the founding ecosystem that utilizes the protocol, whereas the Foundation is a separate organization that ensures the protocol's independence and sustainability.

RM is the universal loyalty protocol of the Mining Race Wallet, set to provide an expanding list of benefits, products, and services with a permanently limited supply.

The exclusive launch is done to provide value to the early committed adopters. The low initial supply encourages community members to purchase a pass and participate in the future benefits.

The allocation is below the current Mining Race Wallet user base of over 120,000 users, making it available in limited supply from launch.

A limited supply encourages early adoption while maintaining the value of the loyalty program for existing holders. Furthermore, the fixed supply allows partners to provide maximal loyalty program benefits for all participants.

The protocol has a set supply that cannot be exceeded, and there are no plans to issue additional passes beyond the initial allocation.

The loyalty program contribution amount for the first 250K RM is the lowest possible compared to future allocations, providing the same utility and benefits. The longer you wait for the next allocation tier, the higher the contribution for the same amount of RM you will have to make.

After full allocation, there will be no additional passes available for purchase. After the initial six-month period, transfers will be enabled, and all new users will receive passes from existing holders.

Once the protocol reaches its maximum supply, there will be no further emissions.

No. The Loyalty Pass is a product that provides discounts and benefits. It does not offer any sort of ownership, dividends, revenues, profit participation, or future value guarantees.

Yes. Depending on how much you spend within the ecosystem, your savings can potentially exceed your initial contribution.

Yes. Your savings can increase as you reach higher Spot levels, as Hash Price and Mining Card prices rise, as you buy more products with a discount, and as additional partners join the loyalty program.

Mining Race may add additional products to the list of eligible items over time. As new products become available, they will be added to the list of those that can be purchased with a discount.

Mining Race may expand the list of eligible products over time. New products and promotions will be announced as they become available.

Yes. Additional benefits, partners, and eligible items can be added to the protocol over time with the same supply.

Mining Race provides discounts thanks to the existing and prospective partner ecosystem, as well as the future value of the Loyalty Treasury.

Individual partner discounts may fluctuate; however, the general trend is one of continuous expansion in benefits and added value for pass holders.

A pass is ideal for all long-term community members that plan to utilize the full potential of the Mining Race Wallet. A pass entitles you to exclusive wallet features, partner discounts, and periodic rewards as a long-term member of the Mining Race Wallet community. The more you spend within the ecosystem, the more benefits you get over time.

Partners can suggest what benefits they wish to provide for Loyalty Pass holders, and the list of benefits will be expanded as the ecosystem grows.

Yes. You may purchase multiple passes at any time and resell them once transfers are enabled per the roadmap, subject to any applicable rules or restrictions.

No. You may only purchase a pass with the funds in your Mining Race Wallet at this time. Please note that the RM Protocol is a wallet-based loyalty system and is not integrated with the payment system of Mining Grid.

Yes. Transfers to other users will be eligible after the protocol's full allocation or within a six-month period.

Transfers will be gradually enabled to ensure fair allocation of the initial supply among all users.

Every transfer helps fund the Loyalty Treasury to provide more benefits and discounts for all pass holders.

No, we do not offer refunds for purchased passes. However, once transfers are enabled by the protocol roadmap, you will be able to send your pass to another user that can benefit from its utility and features.

Because the protocol is designed exclusively for Mining Race Wallet users and rewards community growth.

It only gives a virtual position for community incentives and does not impact your RM ownership or any other benefits for you. It can be used to refer other users to the wallet ecosystem.

No. If your existing community position in the wallet is active, you are not required to use an invite link to purchase a pass. However, new users that wish to create a community position and utilize Mining Race Wallet services may need an invite link at least once before buying a pass.