The Ethereum Layer2 network Mint Blockchain today announced the details of the $MINT token economic model. The total amount of MINT is 1 billion, with Mint DAO organization allocated 50%, community airdrop 12%, early supporters and contributors 20%, and MintCore team 18%. Among them, Mint DAO organization will be mainly responsible for the global development of Mint developers ecosystem, brand building, and community development; MintCore team is responsible for developing core modules including Mint Studio, IP Layer, Mint Liquid, AI Agent, etc., and building a decentralized distribution mechanism for Mint network revenue to achieve long-term sharing of network future development revenue with community developers and users.

Regarding the use of MINT tokens, $MINT will play a key role in decentralized validator nodes of Mint network, community governance voting, pricing of new asset issuance, on-chain transactions, encrypted payments, etc., and is the core asset of the Mint Blockchain economy.