Mind Network Launches "Unicorn Reserve": 1% of Pippin Tokens to Incentivize FHE Stakers

The company has transferred 1% of the total supply of $PIPPIN tokens to its public wallet, which will serve as a long-term reserve. At the same time, the "Unicorn Reserve" incentive program has been launched, where users who lock $FHE (Mind Network's native token) will receive rewards in the form of $PIPPIN airdrops. This initiative aims to support long-term advocates of the "Privacy x AI Agent" vision.

Mind Network, a pioneer in quantum-resistant Fully Homomorphic Encryption (FHE) infrastructure, sees Pippin as a "Unicorn Community" - a unique community in the AI landscape on Solana. As stated in the official post, this is not just trading, but a strategic declaration of support for the potential of AI agents. Rewardswill be distributed in stages to ensure sustainable growth and engagement. The project already has solid backing: it is funded by Binance Labs, part of the Chainlink BUILD program, and has received a grant from the Ethereum Fellowship. The $FHE token, which is the foundation of the ecosystem, is currently trading around $0.045 with a market capitalization of about $12 million, showing a 11.78% increase in the last 24 hours and over 121% in the past week.

Pippin, in turn, is a meme coin on Solana, born from an AI experiment by venture investor Yohei Nakajima. It started as an SVG image of a unicorn generated by ChatGPT 4o and evolved into an autonomous AI agent on X, which tweets, draws, and interacts with the community. The token has a maximum supply of 1 billion, with a market capitalization over $350 million and a 24-hour trading volume of $25-50 million. Recently, $PIPPIN surged 556% due to activity from "secret" wallets, as well as 150% over the week, outperforming many competitors in the Solana meme coin segment. Pippin ranks in the top-10 Solana meme coins of 2025, alongside BONK and WIF, thanks to the network's speed and low fees.

This collaboration is Mind Network's first step in multi-chain expansion (ETH, BSC, Mind Chain, Solana), where FHE will provide private addresses, secure agent interactions, and verifiable computations. Experts believe this will boost demand for privacy in the AI economy, especially given Pippin's growth as an "AI influencer." The market is reacting positively: following the announcement, $FHE liquidity has increased, and Pippin is holding at around $0.32, with potential to reach $0.5 in the short term, despite volatility.