As the Mint Blockchain Token Generation Event (TGE) approaches, the $MINT tokenomics and staking mechanism will provide users with diversified participation opportunities. Through the innovative $MINT staking and restaking mechanism, Mint Blockchain will further enhance the stability, liquidity, and long-term sustainability of its ecosystem.

The native asset of Mint Blockchain is the $MINT Token, with a total supply of 1 billion tokens. The initial allocation mechanism of $MINT is designed to prioritize supporting the community and ecosystem development, with the following distribution.

The primary uses of the $MINT Token cover multiple aspects:

Through these uses, the $MINT Token serves not only as the circulating currency within the Mint Blockchain ecosystem but also as the foundation for participating in governance, incentives, asset issuance, and other core functions.

The $MINT Staking and Restaking mechanism on Mint Blockchain offers users multiple rewards while enhancing the network’s decentralization, security, and stability.

After the $MINT Token Generation Event (TGE), users can participate in $MINT staking through the MintPool protocol. MintPool is a decentralized staking protocol on the Mint Blockchain network that allows users to stake $MINT, $ETH, and NFT assets. By participating in staking, users can earn stable staking rewards while contributing to the security and decentralized operation of the Mint Blockchain network.

When users participate in $MINT staking, they need to select a staking node for their staking operations. Mint Blockchain offers two main types of staking nodes.

After completing $MINT staking, users will receive staking certificates in the form of sMINT Tokens (Staked MINT). Users holding sMINT will earn a fixed annualized return of 15% in $MINT mining rewards, which are funded by MintDAO.

Additionally, users holding sMINT have the option to synthesize it into a BC721 Mint-eNFT asset. The amount of sMINT required for synthesis fluctuates in real-time based on the bonding curve, adding a layer of strategic depth and excitement to the process. By holding Mint-eNFT, users can further earn 50% of the Mint Blockchain sequencer’s ETH revenue as restaking rewards. Sequencer revenue comes from a combination of transaction sequencer fees, data availability (DA) fees, and Superchain fees.

By participating in $MINT Staking and Restaking operations, users can earn the following two tiers of rewards:

Tier 1 Rewards: A fixed annualized return of 15% in $MINT mining rewards. The $MINT assets staked in the MintPool protocol will receive periodic rewards provided by MintDAO.

Tier 2 Rewards: After holding Mint-eNFT, users will earn 50% of the net revenue from the Mint Blockchain sequencer as restaking rewards. These earnings come from the ETH revenue distribution of the Mint Blockchain sequencer, including transaction sequencer fees, data availability (DA) fees, and Superchain fees.

MintDAO is the decentralized autonomous organization (DAO) within the Mint Blockchain ecosystem. Its primary responsibilities include providing early liquidity support for $MINT assets, managing staking mining incentive funds, and directly operating the Mint Eco Fund to invest in innovative products and protocols within the ecosystem. Additionally, MintDAO is committed to global brand building, promoting NFT market education for Mint Blockchain, and fostering community growth through MintHub. MintDAO also hosts online and offline developer events to drive technological expansion and the development of the developer ecosystem.

In terms of funding sources, MintDAO directly manages 50% of the total Mint economic supply in $MINT assets, amounting to 500 million $MINT. It also receives a portion of the ETH revenue from the Mint Blockchain sequencer and the investment returns from the Mint Eco Fund. MintDAO’s financial management is strictly transparent, with each large expenditure being publicly disclosed on-chain to ensure full network visibility. Moreover, its daily operational expenses undergo billing audits by third-party auditing institutions to ensure compliance and fairness in fund usage.

Through the $MINT Staking & Restaking operations, the capital efficiency of $MINT assets is significantly enhanced, while also improving the security of the Mint Blockchain network and the stability of its economic system. Additionally, it enables the decentralized distribution of ETH rewards from the Mint network sequencer, allowing community users to capture the long-term growth benefits of Mint Blockchain. This strengthens community consensus, boosts active participation in the development of the Mint network, and collectively drives the prosperous development of Mint Blockchain.