MYNTIS Whitepaper

Last Updated: September 5, 2025

1. Executive Summary

MYNTIS is a decentralized protocol that establishes Proof of Interaction (PoI) as a foundational primitive for interaction-based economies. The protocol enables verifiable human and AI engagement to generate value through the MYNT token — a capped digital asset with predictable emission mechanics and cross-chain distribution.

Built on Base Layer 2 with LayerZero cross-chain infrastructure, MYNTIS provides the technical foundation for any application to implement interaction-based rewards, staking mechanisms, and privacy-preserving claim systems. The protocol's dual-pool staking architecture and zero-knowledge distribution system ensure both security and scalability.

Protocol Primitives

• Proof of Interaction (PoI): Novel emission mechanism where verifiable interactions generate token rewards through cryptographically secure processes.
• Dual-Pool Staking: Provider pool (700M tokens, non-transferable) and user pool (100M tokens, liquid staking via ERC-4626).
• Cross-Chain Infrastructure: Hub-spoke architecture with LayerZero OFT for seamless token movement across chains.
• Zero-Knowledge Distribution: Privacy-preserving reward claims with Groth16 verification and nullifier tracking.
• Pluggable AI Strategies: On-chain registry for provider-specific reward weighting algorithms.

2. Motivation & Context

2.1 The Need for Protocol-Level Infrastructure

Current interaction-based reward systems are fragmented, centralized, and lack composability. MYNTIS establishes Proof of Interaction as a foundational protocol primitive — enabling any application to implement verifiable interaction rewards through standardized, permissionless infrastructure.

2.2 Why Protocol-Level Infrastructure Matters

Unlike application-specific solutions, protocol-level infrastructure enables composability, permissionless innovation, and network effects. Developers can build on MYNTIS primitives without vendor lock-in, while users benefit from standardized, interoperable interaction economies.

2.3 Privacy and Integrity

Zero-knowledge proofs enable privacy-preserving verification without exposing personal data, while dual-pool staking and nullifier tracking provide Sybil resistance and prevent double-claiming across chains.

2.4 SWOT Analysis

Strengths

• Novel protocol primitive (PoI) with first-mover advantage in interaction-based economics.
• Technical infrastructure: dual-pool staking, cross-chain distribution, ZK privacy.
• Fixed 1B cap with predictable halving schedule ensures long-term scarcity.
• Composable architecture enables permissionless innovation.

Weaknesses

• Protocol complexity requires technical understanding for integration.
• Cross-chain infrastructure dependencies (LayerZero, Base L2).
• ZK proof generation requires computational resources.

Opportunities

• Growing demand for interaction-based reward systems across Web3.
• Cross-chain interoperability becoming standard for DeFi protocols.
• Developer adoption of MYNTIS primitives for new applications.

Threats

• Competing protocol standards for interaction rewards.
• Regulatory restrictions on cross-chain token distribution.
• Technical barriers to protocol integration.

3. Architecture & Core Components

3.1 Hub-Spoke Cross-Chain Architecture

MYNTIS operates on a hub-spoke model with Base Layer 2 as the primary hub and multiple spoke chains for liquidity and accessibility. The architecture uses LayerZero V2 OFT (Omnichain Fungible Token) for seamless cross-chain token movement.

• Hub (Base L2): All staking, emissions, and governance operations
• Spokes (Ethereum, Arbitrum, Polygon): Simple OFT tokens for liquidity and transfers
• LayerZero Bridge: Burn/mint mechanism with peer validation and retry logic
• Supply Reconciliation: Automated monitoring ensures hub supply equals sum of spoke supplies

3.2 Dual-Pool Staking System

The protocol implements a dual-pool staking mechanism with distinct economic incentives for providers and users:

• Provider Pool (700M tokens): Non-transferable stakes, 100 MYNT minimum, rewards providers for network participation
• User Pool (100M tokens): Liquid staking via ERC-4626 vault, transferable lsMYNT shares, auto-compounding rewards
• LiquidStakingVault: ERC-4626 compliant vault enabling transferable staking positions
• UUPS Upgradeability: All contracts use Universal Upgradeable Proxy Standard for future enhancements

3.3 Emissions Contract & Tokenomics

The emissions system implements a fixed-supply model with predictable halving cycles:

• Total Supply: 1,000,000,000 MYNT (fixed cap)
• Halving Schedule: Every 4 years, emissions reduce by 50%
• First Period (Years 0-4): 400M tokens distributed
• Emissions Sync: DualPoolStaking.syncEmissions() called after each emission cycle
• Role-Based Access: MINTER_ROLE, BURNER_ROLE, UPGRADER_ROLE for secure operations

3.4 Zero-Knowledge Distribution System

Privacy-preserving reward distribution through ZK-SNARK verification:

• ZKMerkleDistributor: Integrates ZK proof verification with Merkle tree distribution
• Groth16 Verifier: Verifies AI legitimacy scores (0-100) and reward multipliers (0.1x-10x)
• Nullifier Tracking: Prevents double-claiming across all chains
• Private Inputs: User address, AI scores, merkle proof (hidden)
• Public Inputs: Merkle root, nullifier, claim amount (verifiable)

3.5 Reward Weighting Registry

Pluggable AI strategy system enabling provider-specific reward algorithms:

• BaseRewardWeightingStrategy: Abstract interface for custom AI strategies
• On-Chain Registry: Providers register preferred strategies with admin approval
• Off-Chain Execution: Strategy computation with ZK proof compatibility
• Upgradeable Architecture: New strategies can be added without contract redeployment

4. Cross-Chain Infrastructure

4.1 LayerZero V2 OFT Implementation

MYNTIS implements LayerZero V2 Omnichain Fungible Token (OFT) for seamless cross-chain token movement:

• Hub Token (Base L2): MyntisOFT with full functionality, minting, burning, and governance
• Spoke Tokens: MyntisSpokeOFT on Ethereum, Arbitrum, Polygon for liquidity and transfers
• Burn/Mint Mechanism: Tokens burned on source chain, minted on destination chain
• Peer Validation: Cross-chain message validation with retry logic and failure handling

4.2 Bridge Mechanics

The cross-chain bridge operates through LayerZero messaging:

• Send Flow: User initiates transfer → tokens burned → LayerZero message sent
• Receive Flow: LayerZero message received → tokens minted → user receives tokens
• Fee Structure: LayerZero fees + gas costs for cross-chain operations
• Pause Mechanism: Emergency pause functionality for bridge security

4.3 Supply Reconciliation

Automated monitoring ensures token supply integrity across chains:

• Hub Supply Tracking: Total MYNT minted on Base L2 hub
• Spoke Supply Tracking: MYNT circulating on each spoke chain
• Bridge Queue Monitoring: Outstanding cross-chain transfers in progress
• Reconciliation Formula: Hub Supply = Sum(Spoke Supplies) + Bridge Queue

4.4 Nullifier Tracking

Cross-chain nullifier system prevents double-claiming:

• Global Nullifier Registry: Centralized tracking on Base L2 hub
• Spoke Verification: Each spoke checks nullifiers before processing claims
• LayerZero Coordination: Nullifier burns synchronized across chains
• Double-Claim Prevention: Same nullifier cannot be used on multiple chains

5. Privacy & Security Architecture

5.1 Zero-Knowledge Proof System

Privacy-preserving reward claims through Groth16 ZK-SNARK verification:

• Groth16 Circuit: reward_claim.circom for proof generation and verification
• Private Inputs: User address, AI legitimacy scores, merkle proof (hidden)
• Public Inputs: Merkle root, nullifier, claim amount (verifiable)
• Proof Generation: Off-chain computation with snarkjs library
• On-Chain Verification: Solidity verifier contract validates proofs

5.2 Sybil Resistance

Multi-layered approach to prevent Sybil attacks:

• Behavioral Analysis: AI-powered detection of suspicious interaction patterns
• ZK Verification: Cryptographic proof of legitimate engagement
• Staking Requirements: Economic barriers to Sybil creation
• Nullifier Tracking: Prevents multiple claims from same user

5.3 Smart Contract Security

Comprehensive security measures across all contracts:

• UUPS Upgradeability: Universal Upgradeable Proxy Standard for secure upgrades
• Role-Based Access Control: MINTER, BURNER, UPGRADER roles with multisig governance
• Pause Mechanisms: Emergency pause functionality for all critical operations
• External Audits: Third-party security reviews of all smart contracts
• Timelock Governance: Delayed execution for sensitive parameter changes

6. Tokenomics

6.1 Supply & Allocations

Fixed Supply: 1,000,000,000 MYNT total supply.

Token Allocation (1,000,000,000 MYNT total):

• 200M tokens (20%) → Pre-minted and locked: Team (50M), Investors (50M), Community Treasury (100M)
• 800M tokens (80%) → Distributed via emissions: 4-year halving schedule

Emission Distribution (800M tokens via emissions):

• 700M tokens → Provider Pool: Non-transferable stakes, minimum 100 MYNT, rewards network providers
• 100M tokens → User Pool: Liquid staking via ERC-4626 vault, transferable lsMYNT shares (open to humans and bots)

6.2 Dual-Pool Staking Mechanism

The protocol implements distinct economic models for providers and users (where users can be humans or bots):

• Provider Staking: 100 MYNT minimum, non-transferable, earns from 700M token provider pool
• User Liquid Staking: Any amount, transferable lsMYNT shares, earns from 100M token user pool (humans and bots eligible)
• Auto-Compounding: User pool rewards automatically compound via ERC-4626 vault
• Slashing Protection: Provider pool includes slashing mechanisms for network security

6.3 Provider Economics

Providers participate in the network through staking and reward distribution:

• Stake-to-Earn Model: Providers must stake MYNT to participate in reward distribution
• Reward Weighting Strategies: Customizable AI algorithms for reward allocation
• Competition Dynamics: Multiple providers compete for user engagement
• Economic Incentives: Higher stakes and better strategies yield greater rewards

6.4 Cross-Chain Token Flow

MYNT distribution across the hub-spoke architecture:

• Hub Minting: Base L2 hub mints new MYNT through emissions contract
• Spoke Distribution: LayerZero OFT burns on hub, mints on spokes
• Supply Reconciliation: Hub supply = Sum of spoke supplies + outstanding bridge amounts
• Cross-Chain Claims: Users can claim rewards on any chain via ZK proofs

6.5 Emission Curve (Perpetual Halving Model)

Emissions halve every 4 years and continue until the 1B MYNT cap is reached.

• Y1–4: 100M/year (400M total)
• Y5–8: 50M/year (200M total)
• Y9–12: 25M/year (100M total)
• Y13–16: 12.5M/year (50M total)
• Y17–20: 6.25M/year (25M total)
• Y21–24: 3.125M/year (12.5M total)
• Y25–28: 1.5625M/year (6.25M total)
• … and so on.

By ~40 years, >99% of MYNT will be emitted, with a long tail ensuring continuous rewards and network alignment.

6.6 Staking Yield Projections

Expected annual percentage yields (APY) based on participation rates:

• Provider Pool: 15-25% APY (high participation, competitive dynamics)
• User Pool: 5-10% APY (liquid staking, lower risk)
• Cross-Chain Premium: Additional rewards for cross-chain bridge participation
• Strategy Bonuses: Higher yields for providers with superior AI strategies

6.7 Tokenomics Models

• Model A (Baseline): ~$45 price by Y20.
• Model B (Aggressive Growth): ~$325 by Y20.
• Model C (Provider Competition): Pass-through stabilizes value.
• Model D (Stress Test): Resilient under regulation/deflation.
• Model E (Adverse Scenarios): Sybil/regulation mitigated via ZK + treasury incentives.

7. Roadmap

8. Governance & Assurance

• Smart Contract Audits: Independent third-party security reviews of all protocol contracts.
• Open Source: Complete protocol code available on GitHub for transparency.
• Role-Based Access Control: MINTER, BURNER, UPGRADER roles with multisig governance.
• Timelock Governance: Delayed execution for sensitive parameter changes and upgrades.
• DAO Treasury Governance: Transparent, multi-sig, and community-driven protocol governance.
• Advisory Board: Experts in DeFi, cross-chain infrastructure, and cryptoeconomics.

9. Risk Matrix

10. Economic Simulations

• Simulation 1 (Baseline): 1M → 280M users → ~$45 price by Y20.
• Simulation 2 (Aggressive): 1M → 2B users → ~$325 price by Y20.
• Simulation 3 (Stalled): 50M users → ~$20–25 price, still sustainable.

11. Case Studies

• Case A (Provider Staking): 1,000 MYNT staked → 15-25% APY → 150-250 MYNT/year rewards.
• Case B (User Liquid Staking): 100 MYNT staked → 5-10% APY → 5-10 MYNT/year rewards.
• Case C (Cross-Chain Bridge): Bridge participation → additional rewards for cross-chain operations.

12. Conclusion

MYNTIS establishes Proof of Interaction as a foundational protocol primitive for interaction-based economies. Through dual-pool staking, cross-chain distribution, and zero-knowledge privacy, the protocol enables any application to implement verifiable interaction rewards.

With a fixed-supply, halving-driven tokenomics model and comprehensive security architecture, MYNTIS provides the infrastructure foundation for decentralized interaction economies, enabling MYNT to serve as a reference token for the automated age.

13. Legal & Disclaimer

• Informational Purpose: Not financial advice.
• Forward-Looking Statements: Subject to tech, market, and regulatory uncertainty.
• Utility: MYNT is a utility token, not equity.
• Compliance: Users must follow local laws.