So I have a question in regards to Genesis Address Level 3
Genesis Address Level 3
You CAN:
- Set your address for sale at the price you wish
- Transfer the Genesis Address to another address
- Self-mine (mining process only starts on Level 2 or Level 3 activation)
- Transfer MNE to another address <-- Does this mean that the 32,000 MNE becomes available balance or is it only the self mined that can be transferred?
- Use the MNE Decentralized Trading
- Destroy your Genesis Address to buy/transfer stakes
No, the 32,000 MNE does not become available. Once you activate Level 2 or Level 3, you will be mining roughly 2 MNE per day. Think of this as unlocking 2 MNE per day. This self-mined amount can then be transferred, but only if you are on Level 3.
32,000 MNE is the maximum amount of MNE that can be mined by a L2 or L3 genesis address.