In a recent update, Mint Blockchain has announced details regarding the MINT tokenomics and allocated a notable 12% for community-focused airdrop initiatives.

The Layer 2 network has been specifically crafted for the NFT sector, ensuring efficient transactions and interactions within that space. Mint Blockchain Mint Blockchain's recent roll-out of the MINT token significantly boosts the governance and functionality features of its platform. Users are now empowered to participate in decision-making, earn incentives, and conduct transactions seamlessly.

MINT stands out as the pioneering utility token in a Superchain, built on the Superchain ERC-20 token standard to guarantee smooth interoperability with Optimism. This ensures that it can integrate effortlessly with various other blockchain networks, broadening its use cases significantly. As the exclusive native currency of the Mint Blockchain, MINT is pivotal in multiple aspects, functioning as a tool for governance where holders can vote on vital network issues, act as an incentivization mechanism to reward developers contributing to the ecosystem, and main currency for staking and transactions. It also plays a significant role in asset valuation, facilitating the issuance of NFTs, tokens, and tangibles.

To ensure the ongoing sustainability of its ecosystem, Mint Blockchain has rolled out a staking and restaking model that promises predictable returns. Participants in this model can secure daily rewards in both MINT and ETH, thereby fostering long-term value creation. This innovative model employs a bonding curve strategy alongside Mint-eNFT assets, ensuring that users can achieve stable annual percentage rate (APR) rewards of 15% while also benefiting from the network's shared revenue.

Mint Blockchain has disclosed its MINT tokenomics, including the unlocking schedule and initial incentive programs aimed at fostering community engagement.

The starting supply of MINT tokens reaches one billion, with 82% earmarked for community programs, early supporters, developers, and governance frameworks. The distribution breakdown allocates 50% to the MintDAO Treasury, 20% to launch contributors, 12% for the community airdrop, and 18% for the MintCore team.

During the initial phase, 16.8% of the MINT supply is set to be unlocked, while the remaining portion will follow a carefully structured release schedule over 36 months. The allocation for MintCore consists of an 18% share, with 10% available at the Token Generation Event (TGE) and the rest vesting across 12 quarters after a year-long vesting term. Launch contributors will receive 20%, with 10% open at TGE and full vesting over eight quarters following a six-month waiting period. The community airdrop consists of 12%, with 83.3% unlocked at TGE and the outstanding 16.7% on hold for Mint Forest V3 users, slated for distribution in 2026. The MintDAO Treasury, which holds 50%, will unlock its holdings at set intervals. Token Generation Event Furthermore, to promote user involvement and adoption, Mint Blockchain has initiated an incentive program designed to reward actively participating users. Rewards will be available for MintID NFT stakers, users engaging with Mint Forest, holders of Mint Expedition MP and NFTs, competitors in Mint Big Bang competitions, and participants of the NFT Legends Season – Unboxed. Extra incentives will go to those who hold Mint x OKX Pioneer Explorer NFTs and winners of the Mint x GoPlus Christmas event.

This token represents the Mint Blockchain Ecosystem's native utility, aimed at enhancing community involvement and governance.

Mint Over the last year, significant strides have been made in developing the essential technological groundwork and network architecture crucial for the long-term advancement of Mint Blockchain. As the network progresses into 2025, the focus will transition toward the application layer, which is vital for the achievement of its five core functions. This transition will facilitate larger-scale integration of programmable NFT assets within the Mint Blockchain, fostering greater innovation and expansion in the NFT market.

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