# Mayas Liquid Mining Protocol

**URL:** <https://radixtalk.com/t/mayas-liquid-mining-protocol/402>\
**Category:** Projects\
**Tags:** tokens\
**Created:** [24 February 2022 20:30 UTC](https://radixtalk.com/t/mayas-liquid-mining-protocol/402 "2022-02-24T20:30:33Z")\
**Posts on this page:** 3\
**Page:** 1

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**Author:** ![PlanXRD](https://radixtalk.com/letter_avatar_proxy/v4/letter/p/5fc32e/32.png) [@PlanXRD](https://radixtalk.com/u/PlanXRD)\
**Post date:** [24 February 2022 20:30 UTC](https://radixtalk.com/t/mayas-liquid-mining-protocol/402/1 "2022-02-24T20:30:33Z")

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_Mayas_

 ![image](https://radixtalk.com/uploads/default/original/1X/8d816b90cb64baf8c19aff0d0ed7d9504dee638d.jpeg)

_The Problem_

Private participation in bitcoin mining is limited by the high costs of running a mine and miners currently have few options to exit mining. Presently there is no market where speculators can effectively invest in or trade an elastic asset like tokenized hashrate, and a static tokenized hashrate ends up diluted by the increase in global hashpower. Markets lack a hedge and a secondary market where miners can sell their hashrate for immediate cash.

_The Solution_

Mayas solves these problems by bringing exchange-grade liquidity to Bitcoin mining by means of dynamic tokenized hashrate on the radix ledger. The system tokens, Mayas and MLP, are collateralized by mining power and liquidity. Staked tokens receive Bitcoin rewards according to the mining power staked and also farm Mayas tokens on each vesting interruption. Since speculators can determine the market price of Mayas & mLP by the discounted cashflow model (DCF) of the underlying mining power, both tokens can be used as a Bitcoin-leveraged token which is free from liquidation risk. Mayas Liquid Mining Staking creates an effective market for Bitcoin mining by opening the industry to speculators in the same way Grayscale Trust brings institutional liquidity to Bitcoin.

If you want to know more about the project, you are welcome to join our

[Telegram group](https://t.me/mayasmining)

[Twitter](https://twitter.com/mayasmining?s=21)

We will be also posting the project proposal in various radix platforms in the upcoming days (radixlist, radix club, etc)

Thank you for the read, and please do not hesitate to join us if you have questions and/or would like to support us in the venture!

Fausto  
Lex

24/02/2022

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**Author:** ![Jazzer\_9F](https://radixtalk.com/user_avatar/radixtalk.com/jazzer_9f/32/24_2.png) [@Jazzer\_9F](https://radixtalk.com/u/Jazzer_9F)\
**Post date:** [26 February 2022 10:33 UTC](https://radixtalk.com/t/mayas-liquid-mining-protocol/402/2 "2022-02-26T10:33:10Z")

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Good luck with your project!

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**Author:** ![PlanXRD](https://radixtalk.com/letter_avatar_proxy/v4/letter/p/5fc32e/32.png) [@PlanXRD](https://radixtalk.com/u/PlanXRD)\
**Post date:** [26 February 2022 19:56 UTC](https://radixtalk.com/t/mayas-liquid-mining-protocol/402/3 "2022-02-26T19:56:16Z")

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Thank you, much appreciated! likewise!👍🏼