The Forge NFT Sale is open 

Apart from a really great technological solution - the lightest blockchain using zk-SNARKs - Mina Protocol has well-designed tokenomics as an average legit new blockchain but with some concerns from my perspective.

To begin with, some raw facts:

  • $MINA token is the native currency required to participate in block production and purchasing of SNARK proofs (no questions to utility)
  • $MINA is a currency with no supply cap(inflationary)
  • Initial distribution of 1 billion $MINA tokens. (tokenomics diagram on 1st pic.)

What is good:

  • Backers are fully unlocked right now so it`s fine to assume that this unlock is already "in price" (2nd pic.)
  • Mina Foundation is trying to reduce the inflation rate(different proposals such as removal of supercharged rewards)
  • Only 30% of the remaining tokens are locked currently(3rd pic.)


  • Huge % for different "core contributors"/"foundation"/"team"/"backers". We know what market we play and unfortunately, that fact doesnt increase any credibility. Dont want to play the game of guessing when they decide to use a new market move as an exit liquidity
  • Linear unlocks till 2025 which are not good for sustainability during these uncertain/bearish conditions.

While I would be happy to change this tokenomics review and give 4-5stars as I believe in ZK technology and what the team is building, Mina is currently dependent on the market condition as well as many other experimental blockchains. By the way, as we are currently entering a Zero-Knowledge narrative phase, this could potentially benefit Mina in terms of improving its market position.

Always open to discussing debatable statements and getting new insights. Show Less


Cyrator is a transparent and reliable review community where anyone can join, contribute and earn.

Cyrator is a transparent and reliable review community where anyone can join, contribute and earn.

2024 Cyrator - Verified Crypto Reviews

Disclaimer: The content presented on this website, including any analyses, reviews, and ratings, is provided for informational purposes only and should not be considered financial advice. Cyrator does not endorse or recommend any financial transactions or investments based on the information available on this platform. Visitors to this site should perform their own due diligence and consult with a professional financial advisor before making any investment decisions. Cyrator is not liable for any actions taken, financial or otherwise, based on information or links from this website.