What is Mint Club (MINT)?
MINT is the native token of the Mint Club, which is a smart token builder based on the Binance Smart Chain. However, the main benefit of the platform is that it doesn't require any coding or liquidity provision for minting these tokens.
Besides, note that Mint Club is a part of the Hunt Town network of dApps. Hunt Town is a gamified Web3 builders guild. The native token of the project is HUNT. MINT tokens are issued through swapping HUNT.
Smart contract-backed tokens on Mint Club can be created in just a few clicks. Tokens can be named, characterized by a symbol, limited to a certain number of coins, and described by a description. Nevertheless, the protocol handles the most complex aspects automatically. By utilizing the bonding curve, Mint Club also eliminates the need for liquidity providers and market makers. Through a smart contract, tokens can be purchased or disposed of at any time, depending on the algorithmic price curve. The value of smart tokens is backed by MINT tokens under a collateral contract.
In essence, smart tokens are natively liquid, so traders don't need trading pairs or liquidity pools to trade them.
In addition, the Mint Club offers one of the easiest-to-use swap interfaces with some of the lowest fees. For each smart token, a swappable page can be located at mintclub.tokensymbol.com. Each token has a description on this website, which also enables immediate sharing. Additionally, in order to streamline the pricing structure, the platform has created smart contract scripts that are as straightforward as feasible.
Interested to see the current MINT price? Take a look at the Mint Club price chart above.
Use Cases of MINT Tokens
Primarily, Mint Club uses MINT tokens as collateral assets. MINT is a non-inflationary currency based on the BEP-20 token standard.
Besides, MINT tokens are required when selling smart tokens. When a person sells smart tokens, they get burned. MINT is used as a fee to cover the burning costs.
If you plan to acquire Mint Club coins, make sure to check out the Mint Club price chart above. Analyzing the MINT price will help you to make more informed purchasing decisions.
Who Founded Mint Club?
The founders of Mint Club chose to remain anonymous.
Tokenomics of MINT
Since MINT tokens are issued through HUNT tokens, they are non-inflationary. The max supply of MINT tokens is 718.4 billion. There was no token sale, no investors, and no free allocation of teams of the MINT token.
