# DonutMiner

> A rotating seat that mints $DONUT and routes fees to the DonutDAO treasury.

**Published by:** [0xdC13](https://paragraph.com/@0xdc13996a26367dac4a08c79eecf4c3177244ed89/)
**Published on:** 2026-01-06
**URL:** https://paragraph.com/@0xdc13996a26367dac4a08c79eecf4c3177244ed89/donutminer

## Content

TL;DROne seat. One miner at a time.Price to take the seat falls over 1 hour.While you hold the seat, you accrue $DONUT every second.When someone replaces you, you receive your accrued $DONUT + 85% of what they paid.15% of every takeover goes to the DonutDAO treasury.What it isDonut Miner is a rotating mining lane built by GlazeCorp for the DonutDAO ecosystem. People pay to take the miner seat. While you hold it, you accrue newly minted $DONUT. When the seat changes hands, the outgoing miner gets paid and the treasury gets paid.The core ideaImagine there’s one stream of $DONUT that can only flow to one wallet at a time.If you’re in the seat, the stream accrues to you every second.The seat is always “for sale” on a timer.The listed price starts high and slides down for 1 hour.When someone buys the seat from you:you keep all the $DONUT you accrued while you had ityou also receive most of what they paidSo the game is just timing: hold the seat to accrue $DONUT, and decide when it’s worth paying to take it from someone else.How it worksA 1-hour timer starts with a listed seat price.The listed price falls over time toward zero.Anyone can pay the current price (WETH) to take the seat.The takeover payment splits:85% → outgoing miner15% → DonutDAO treasuryThe outgoing miner receives all $DONUT accrued during their time in the seat (based on exact time held).A new hour starts:next starting price updates based on what was just paid (within set bounds)the $DONUT mint rate follows a halving schedule over time until it reaches a tail rateTreasury value accumulates and can be auctioned for $DONUT using a falling-price sale.Repeat.$DONUT mint rateWhile you hold the seat, $DONUT accrues per second.The per-second rate halves about every 30 days until it reaches a tail rate.The tail rate keeps minting from fully stopping.What if nobody takes the seatIf the hour ends with no taker, the listed price reaches zero.The next person can claim the seat for free.The following round still resets to a minimum floor for the next starting price.Example (simple numbers)Seat price is 0.0100 ETH. Mint rate is 4.0 $DONUT/sec. Person A holds the seat for 30 minutes:30 minutes = 1,800 secondsA accrues 1,800 × 4.0 = 7,200 $DONUTPerson B takes the seat by paying 0.0100 ETH:0.0085 ETH → Person A0.0015 ETH → treasuryPerson A also receives the 7,200 $DONUT they accrued while seatedWhat this is forTie $DONUT issuance to active participation.Route value to treasury every time the seat changes hands.Keep entry open: anyone can step in by paying the listed price.LimitsThis is not a promise of profit. You can get replaced quickly. If demand is low, the price can decay to free. Treasury auctions depend on buyers choosing to trade $DONUT for accumulated assets. Timing risk and market risk apply.FAQWho can take the seat? Anyone who pays the current listed price before the hour ends. What do I earn? $DONUT while seated, plus 85% of the next takeover payment when someone replaces you. What if nobody replaces me? You keep accruing $DONUT. It pays out when you get replaced. Do I need permission? No. Seat-taking is permissionless.

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