Mint Token Migration to Base & HUNT Token Transfer Plan
We have important updates regarding Mint Club and HUNT on Base.
1. Mint Token on Base Migration
Mint Club is migrating its platform token from MINT on BNB Chain to Mint Token (MT) on Base Chain to streamline the ecosystem and align with where most on-chain activity happens.
Since 2021, Mint Club has been a leader in the parent-child token market, with an active user base primarily on Base Chain and Farcaster (often ranked No.1 on Zapper). As a result, most on-chain activity now occurs on Base, while MINT remains on BNB Chain, limiting its role in the platform’s economy.
To align with platform growth and token demand, we are migrating MINT (BNB Chain) to MT (Base Chain) through a one-way token migration interface available from March 6 to June 5, 2025.
Check details here: http://docs.mint.club/migrate
Token migration web page: https://mint.club/migrate
2. 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. You will also be able to check all the cross-chain buyback and burn records through our interface. More details will be announced soon.
2. Mint Club’s Growth Synergy with HUNT Token
The new Mint Token (MT) is issued as a child token of HUNT on Base, allowing users to trade MT using HUNT tokens on Mint Club. Additionally, the MINT/WETH Uniswap pool on Base will enable arbitrage trading between the two pools.
This token structure creates mutual growth benefits:
Mint Club Growth Boosts HUNT: Increased protocol revenue will drive demand for MT tokens, locking more HUNT tokens in MT’s bonding curve pool.
HUNT Growth Benefits MT’s Value: As HUNT’s price rises, the USD value of MT on its bonding curve pool also increases, leading to more arbitrage trading in the MINT/WETH Uniswap pool.
3. HUNT on Warpcast Reward Pool
We are in discussions with the Warpcast core dev team to support HUNT as a reward pool for Warpcast Rewards winners. This initiative aims to attract more quality Base builders to the Hunt Town ecosystem. Currently, DEGEN and other major Base projects are part of this program, and we are working to bring HUNT into the mix. More details will be announced soon.
4. HUNT Token Transfer Plan
To support the growth and development of the HUNT ecosystem, approximately 10,000,000 HUNT will be transferred from the cold wallet to the Business Development Fund’s hot wallet. This fund has been fully unlocked since January 2022.
Purpose of the Transfer:
Grants for Hunt Tip on Base
Support for Warpcast Rewards Program
Support for Mint Token (MT) liquidity pool on Mint Club
Maintaining stable HUNT liquidity on Uniswap, Aerodrome, and other trading platforms
Support for potential new products in the Hunt Town ecosystem
Allocating resources for marketing initiatives