To establish the network, an intermediary token known as the Mining Power Token (L2MP) has been introduced. L2MP serves as a means for users to secure a share of the forthcoming supply of the L2 native token. Those who hold L2MP tokens have the opportunity to engage in the mining of the L2 native token by staking their L2MP tokens with one of the Waves Layer 1 (L1) nodes.

L2MP tokens are available on rideonwaves.io at a rate of 1 XTN for 1 L2MP token. Prior to script update, the XTN tokens provided in swap for each L2MP token were directly destroyed or burned. However, following the script update, the XTN tokens received in these transactions are now sent back to the Neutrino contract via swap transactions. This metric quantifies the amount of XTN tokens that have been both burned and subsequently received through the release of L2MP tokens.