On June 19, Layer 2 network Kinto tweeted that its mining plan went live and will distribute up to 33% of the token supply over a 10-year period. Rewards gradually decrease over time, are calculated off-chain, and are distributed on-chain on a weekly basis, and will start collecting on July 8. The mining plan will reward asset deployers and developers. The longer and more time you deploy capital, the more Kinto tokens you will receive. In addition, Engen founding participants who hold ENGEN tokens will receive a 15-20% reward.