$MHA

$MHA is the native gas and block-reward token of MAGNE Layer 1. The network runs on Proof‑of‑Work (PoW), where security is backed by total hash rate, and mobile/edge devices can participate in mining.

Transaction Fees

All on‑chain actions (transfers, contract calls, DApp interactions) pay gas in $MHA. Per protocol design, a portion of the fees is burned (aligned with EVM fee mechanics), reducing circulating supply over time and creating a deflationary pressure that supports long‑term value.

Mining & Security

Blocks are produced via PoW: miners contribute hash power to pack transactions and compete to propose the next block. The successful miner earns block rewards ($MHA) plus transaction fees. Higher aggregate hash rate increases the cost of attacks and strengthens network security.

MAGNE includes optimizations for mobile and edge environments so lightweight nodes/devices can help mine or relay, improving decentralization and network reach.

Issuance & Halving

$MHA issuance follows a planned inflation‑then‑halving schedule: ample rewards in the early phase, then periodic reductions to balance bootstrapping with long‑term scarcity. Block rewards and the fee‑burn mechanism together shape the token’s supply‑and‑sink dynamics.