MT (Mint Token)
Last updated
Last updated
MT is the platform token of Mint Club, designed with deflationary mechanics and holder perks. Protocol revenue across EVM chains is used to buy back and burn $MT, fueling momentum and supporting long-term ecosystem growth. Holders also benefit from the expanding $MT-backed ecosystem.
Key Utilities:
Buyback and burn from protocol revenues
Access to Mint Club extended apps/services (e.g. MintDrop)
Used as a parent token for $MT-backed child tokens
The MT buyback and burn program began on March 31, 2025. Protocol revenue is used to buy and burn $MT on Base Chain, reinforcing its deflationary nature and driving value.
Mint Club has led the parent-child token space since 2021, with over 13,698 tokens and 21,681 NFTs created across 18+ EVM chains (as of April 15, 2025). The ERC1155-based NFT system has become a core use case in the ecosystem.
How it works:
Revenue from all supported chains is used to purchase $MT on Base via the Mint Club protocol.
Purchased $MT is burned immediately.
Transactions occur periodically based on market conditions.
Track buyback and burn history here: https://mint.club/burnstats
Mint Club is more than a protocolβitβs a full platform where bonding curve tokens and NFTs can be launched, traded, and managed. Creators can access tools like public/private airdrops, timelock features, and bulk senders. In the future, $MT will be integrated with premium features across the platform.
The dev team also builds apps like MintDrop, a daily spin-to-earn game for $MT holders. Just hold $MT, spin the wheel once a day, and win random $MT-backed tokens. Win chances scale with your $MT balance. MintDrop is exclusive to Farcaster users via Frame, helping onboard more users from the Base ecosystem.
MT also serves as a parent token on Mint Club, making it the base asset for launching child tokens. Since the token benefits from buyback and burn mechanics, it creates stronger fundamentals and value for child tokens.
As of April 15, 2025, 21 child tokens and NFTs have been launched with $MT as their parent. As the $MT-backed ecosystem grows, more MT will be locked in bonding curve poolsβfurther strengthening its deflationary design.
Note: $MT (on Base Chain) launched on March 6, 2025 as the sole platform token of Mint Club V2. The legacy $MINT (on BNB Chain) is no longer used. Migration is open until June 5, 2025, 00:00 UTC via the portal: https://mint.club/migrate