MagicBlock, a real-time engine for Solana applications, has announced the economic model for its native token, $BLOCK. The total supply of $BLOCK is set at 10 billion, with 35% allocated to community users, 15% to node operators, 20% to investors, 18% to the team and advisors, and 12% to the ecosystem fund. Team tokens will be locked for three years, unlocking gradually based on ecosystem growth milestones. MagicBlock has also introduced "Ephemeral Rollups (ERs)," a technology designed to enhance on-chain computing performance. Since launching MagicNet in June 2025, the platform has processed over 1 billion transactions and attracted 27,000 unique addresses. A presale of $BLOCK tokens is scheduled for February 5, offering two options: a first-come, first-served elastic curve model with immediate unlock at the TGE, and a fixed-price model with a one-year lock, aimed at long-term supporters. The presale will begin with a 24-hour priority period for whitelisted addresses, followed by a 48-hour public phase. The TGE is anticipated between late Q1 and early Q2 2026.