๐ตMint 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 โ Check token balance โ 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 โ 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 platformโs 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 Clubโs ecosystem.
New Platform Token โ 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 userโs 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 teamโs 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 Clubโs ecosystem, including platform utility, buyback & burn programs, and premium features powered by MT.
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