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Marlin launched the pledge reward mechanism FlowMint, users can get MPOND token rewards for participation

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Holders of ATOM, DOT, IRIS, MATIC, and NEAR can participate.

Rhythm BlockBeats news, on December 11th, Layer 0 expansion project Marlin launched a new token distribution mechanism FlowMint, which is used to guide the Marlin ecosystem. FlowMint will start operations on December 15th.

1. Marlin nodes need to use Marlin tokens to join the network and propagate blocks from different chains.

2. FlowMint is a mechanism that allows ATOM, DOT, IRIS, MATIC, NEAR and other users to participate in the Marlin network and obtain Marlin tokens.

3. In the next 24 months, 20% of the genesis Marlin token MPOND will be allocated to different blockchain communities.

4. Users who hold qualified platform tokens and entrust token pledges to qualified nodes will be rewarded with MPOND tokens, which can be used to run Marlin nodes or participate in governance.

5. Tokens do not need to be locked in any smart contract, using local chain delegation. MPOND shall be directly credited to the entrusting account.

Marlin Token Allocation

Initial Marlin Token Distribution

20% of the Marlin genesis tokens will be allocated to FlowMint participants. Simply put, these tokens will be distributed within 720 days, 20/720% = 0.027% of the tokens are released every day;

The team can allocate 12.8% of the tokens;

Investment consultants can allocate 3.8% of tokens;

Seed investors can allocate 20% of tokens;

Pre-seed investors can allocate 2% tokens.

Users holding ATOM, DOT, IRIS, MATIC and NEAR tokens who want to participate in obtaining MPOND tokens through pledge entrustment, in After December 15, through the https://app.marlin.pro/flowmint Bind to the Ethereum address used to receive rewards.