Intro

SLVR is a fast, on-chain mining protocol. Every 90 seconds, miners commit ETH across a grid of 25 squares. When the round ends, tamper-proof randomness selects one square as that round’s block. Everyone who committed to it shares the round’s ETH and earns freshly-minted SLVR — distributed fairly, in proportion to what each miner put in.

How a round works

1. Commit. Stake ETH on one or more of the 25 squares.
2. Resolve. When the round 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 ETH committed.
3. Earn. If you committed to that square, you take a proportional share of its ETH plus freshly-minted SLVR. A growing Payload also pays out from time to time.

Why hold SLVR?

SLVR isn’t just a reward — it’s a claim on the protocol’s revenue. Lock it up and you earn a slice of the ETH 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.
• SLVR Token — the reward token, with a small tax on trades that feeds the Payload.
• Vote-Escrow (veNFT) — lock SLVR to earn ETH from the protocol.
• Liquidity Staking — stake LP tokens to earn ETH.
• Auto-Commit — set it once and mine automatically each round.
• Insurance — a fixed-odds market on the Payload: back it to land, or hedge against the drought.