🔵Mint Token on Base Migration
MINT is the platform token of Mint Club, originally launched on BNB Chain in 2021. We are now migrating it to Base Chain with a new initiative. The new platform token will be Mint Token (MT) on Base Chain, with a conversion rate of 2,000 MINT (BNB Chain) = 1 MT (Base).
How to Migrate
Migration Website: https://mint.club/migrate
Steps: Connect wallet → Check token balance → Proceed with migration
Process: Old tokens will be burned, and new Mint Token (MT) on Base will be sent to your wallet automatically.
Conversion Rate: 2,000 MINT (BNB) = 1 MT (Base)
Migration Period: March 6, 2025 – June 5, 2025, at 00:00 UTC
Why This Migration?
Mint Club has been leading the parent-child token market since 2021, with an active user base primarily on Base Chain and Farcaster (often ranked No.1 on Zapper).
With the Mint Club V2 upgrade, most on-chain activity now happens on Base, while MINT remains on BNB Chain, limiting its role in the platform’s economy, such as the buyback-burn program from protocol revenue.
To align with our growth and enable a true platform token economy, we are migrating MINT to Base Chain and integrating it with Mint Club’s ecosystem.
New Platform Token – Mint Token (MT)
Token Name: Mint Token
Symbol: MT
Chain: Base
Contract Address: 0xFf45161474C39cB00699070Dd49582e417b57a7E
Mint Club (HUNT Child Token): https://mint.club/token/base/MT
Supported Migrating Tokens
The following token holders, officially launched by the core dev team, will be considered to receive the new MT tokens on Base:
1) MINT
As mentioned earlier, MINT (BNB Chain) will be burned, and the new MT (Base) will be sent to the user’s wallet at a fixed conversion rate of 2,000 MINT = 1 MT.
2) MINTDAO, CREATOR, GRANT, DIXEL Buyback
We will buy back these tokens at the following conversion rates with MINT. To protect holders of MINT-backed platform tokens from potential losses due to market fluctuations after this announcement, we are locking the conversion rates based on a snapshot:
1 MINTDAO = 226,004 MINT = 113.002 MT
1 CREATOR = 200,652 MINT = 100.326 MT
1 GRANT = 237,499 MINT = 118.7495 MT
1 DIXEL = 334,392 MINT = 167.196 MT
These conversion rates will be applied automatically during migration.
Cross-Chain Buyback & Burn Program Begins
Mint Token (MT) on Base will be the sole platform token, replacing multiple tokens from the old system. The MT buyback & burn program begins in March 2025, using protocol revenue to buy back and burn MT tokens, driving on-chain momentum for MT on Base.
HUNT Child Token Mechanism
The new Mint Token (MT) is issued as a child token of HUNT on Base, meaning users can trade MT on Mint Club using HUNT tokens. Additionally, with the MINT/WETH Uniswap pool on Base, arbitrage trading will naturally occur between the two pools, increasing MT token usage while locking more HUNT tokens within Mint Club.
Mint Token (MT) on Mint Club: https://mint.club/token/base/MT
What Happens to MINT on BNB Chain After Migration?
After the migration, MINT on BNB Chain will no longer be the platform token of Mint Club. The new Mint Token (MT) on Base Chain will become the sole platform token of the Mint Club ecosystem. The old MINT (BNB Chain) will exist only as a parent token of its child token, with no further platform utility.
Additionally, the team’s share of the MINT/WBNB liquidity pool on BNB Chain will be transferred to the MT/WETH liquidity pool on Base Chain during the migration.
Holders who do not migrate before June 5, 2025, at 00:00 UTC will lose the opportunity to convert MINT (BNB) to MT (Base). To receive the new MT token, you must complete migration before the deadline to continue participating in Mint Club’s ecosystem, including platform utility, buyback & burn programs, and premium features powered by MT.
FAQ
What is happening with MINT on BNB Chain?
MINT on BNB Chain is being migrated to Mint Token (MT) on Base Chain, which will become the sole platform token of Mint Club.
What is the conversion rate for the migration?
The conversion rate is 2,000 MINT (BNB) = 1 MT (Base).
How long is the migration period?
The migration runs from March 6, 2025, to June 5, 2025, at 00:00 UTC. After this date, no further conversions will be possible.
How do I migrate my tokens?
Visit Migration Website → Connect your wallet → Check token balance → Proceed with migration. Your old tokens will be burned, and new MT (Base) tokens will be sent to your wallet automatically.
What happens if I don’t migrate before the deadline?
If you don’t migrate before June 5, 2025, you will not be able to convert MINT (BNB Chain) to MT (Base) in the future.
I hold MINTDAO, CREATOR, GRANT, or DIXEL. What should I do?
These official old platform tokens will be bought back at locked conversion rates and migrated as outlined above:
1 MINTDAO = 226,004 MINT = 113.002 MT
1 CREATOR = 200,652 MINT = 100.326 MT
1 GRANT = 237,499 MINT = 118.7495 MT
1 DIXEL = 334,392 MINT = 167.196 MT
This ensures holders are not affected by trading fluctuations.
I hold other MINT-backed child tokens (other than the old platform tokens mentioned above). What should I do?
It’s your choice. If you want to convert them into MT (Base) tokens, you may swap them for MINT via Mint Club and then use the migration interface to exchange them for MT (Base). If you prefer to keep holding them, no action is required—they will remain as your tokens.
Will MINT on BNB Chain still be usable after migration?
The token will continue to exist if some MINT and its child token holders do not migrate. However, MINT (BNB Chain) will no longer serve as the platform token for Mint Club. It will only remain as a parent token for its child tokens, with no further platform utility.
Will there be a new liquidity pool for MT?
Yes, the team’s MINT/WBNB liquidity on PancakeSwap will be transferred to the new MT/WETH liquidity pool on Base Chain. Additionally, MT will have a bonding curve pool on Mint Club, paired with HUNT.
How will the MT buyback & burn program work?
Starting March 2025, Mint Club’s protocol revenue will be used to buy back and burn MT tokens, driving on-chain momentum for MT on Base. This program will include revenue from Base Chain as well as other supported chains. All buyback and burn records will be publicly available on the Mint Club website.
How does HUNT relate to the new MT token?
Mint Token (MT) is issued as a child token of HUNT on Base. Users can trade MT on Mint Club using HUNT tokens, creating arbitrage opportunities between Mint Club and Uniswap pools.
HUNT and MT tokens also create a synergy effect:
If HUNT’s price increases → The bonding curve pool value of MT on Mint Club also rises.
If MT demand grows → More HUNT tokens get locked in the bonding curve pool on Mint Club.
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