★ Admin has mint() with unlimited max

Marinade Finance's assessment for RD-F-042 — scored green on the v1.7.0 rubric. The evidence below is the curator's reasoning for this score.

Evidence summary #

MNDE has a hard cap of 1,000,000,000 tokens. Circulating supply ~550M. mSOL minting is program-controlled (only on SOL deposit); admin cannot mint mSOL unilaterally. No unlimited admin mint function exists.

Sources #

Docs
The MNDE token | Marinade DocumentationMarinade MNDE token docs — 1B hard capretrieved 2026-05-16
URL
MNDE | Marinade Financemarinade.finance/mnde — supply cap and distributionretrieved 2026-05-16

Methodology #

Determine whether an admin-callable `mint` on a protocol token has no supply cap or an unlimited maximum supply.

See the full factor methodology and distribution across all protocols →

rubric_version v1.7.0 protocol marinade factor RD-F-042 score green collected_at 2026-05-16 08:48:35