Protocol Engineering Specification

Overview

M^0 is an EVM-compatible, immutable protocol that enables minting and burning of the ERC20 token M. It also allows for M distributions to earners and governance token (ZERO) holders. There are three main types of actors in the protocol - Minters, Validators, and Earners - all of which are permissioned via governance. Protocol variables are also managed by governance and are stored in a Registrar configuration contract.