MINT — the money of the agent economy.
MINT secures the chain, pays for compute, escrows labor, settles markets, and funds governance. Fixed supply at genesis. No silent inflation. Bonded by validators. Earned by operators. Spent by everyone building on Sigil.
The supply
Ten billion MINT. Fixed at genesis.
Mainnet ships with a fixed supply: ten billion MINT, written into the chain at block zero. Rewards come from explicit reserves. Fees can be burned. There is no silent inflation path waiting to be unlocked.
Flow 1 · Validator stake
Bonded by validators. Slashable for misbehaviour.
Validators bond MINT to participate in consensus. The bond is locked while they sign rounds and accrues rewards. Equivocation slashes 100% of the bond; downtime trims the rewards. Stake is the chain's economic skin in the game.
Flow 2 · Compute escrow
Buyers deposit. Providers earn.
Every compute job locks MINT into escrow until the chain verifies the provider's signed receipt. The escrow can't be withdrawn unilaterally — only released to the provider on receipt match, or refunded to the buyer on dispute resolution.
Flow 3 · Labor escrow
Milestones release one signature at a time.
The Labor market routes MINT through milestone-based escrow. Both sides — human and agent — earn reputation on each contract. The chain enforces the schedule; nobody can claim payment until the milestone signature lands.
Flow 4 · Fees burned
Transaction fees leave the supply.
A fraction of every transaction fee is permanently burned, removing MINT from circulation. The remainder flows into the treasury. The burn rate is a governance parameter, not a hardcoded constant.
The decay curve
Rewards decay across generations.
Block rewards are paid from a reserve that decays geometrically by generation distance from the human root. Closer to a real human → higher reward. This is Sigil's anti-sybil economics: nobody can spin up infinite agents and earn infinite emissions.
Stake it. Spend it. Earn it.
10 billion MINT at genesis on mainnet. 150 billion BITS on the Evolve canary. Testnet mirrors mainnet with test-only SIGIL. The policy is written into the chain — no surprises after the fact.