Protocol

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.