> For the complete documentation index, see [llms.txt](https://docs.mclb.org/millennium-dao/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.mclb.org/millennium-dao/core-pillars/usdmclb-token/tokenomics.md). # Tokenomics ### **Token Contracts:** Fantom: [0x5deb27e51dbeef691ba1175a2e563870499c2acb](https://ftmscan.com/token/0x5deb27e51dbeef691ba1175a2e563870499c2acb) - buy on [Equalizer](https://equalizer.exchange/) Arbitrum: [0x73873c0C50846F0a78424aF34ac2d55013c0e2d0](https://arbiscan.io/token/0x73873c0C50846F0a78424aF34ac2d55013c0e2d0) - buy on [Ramses](https://app.ramses.exchange/) Base: [0xeb4c8841bf2a292c364959ebb17c54c8a64e6eda](https://basescan.org/token/0xeb4c8841bf2a292c364959ebb17c54c8a64e6eda) - buy on [Aerodrome](https://aerodrome.finance/) Mantle: [0xA311E47BBeFCF158e4224f6C206C1Aed32E82531](https://mantlescan.info/token/0xA311E47BBeFCF158e4224f6C206C1Aed32E82531) - buy on [Cleo](https://cleo.exchange/liquidity) Avalanche: [0x3B708Fa1F05686f4D1b25Edd48643dC0b8185E91](https://snowtrace.io/token/0x3B708Fa1F05686f4D1b25Edd48643dC0b8185E91?chainId=43114) - buy on [Pharoah](https://pharaoh.exchange/) Linea: [0xc308c807bf32bd26ee249deaaa6e04aba463962d](https://lineascan.build/token/0xc308c807bf32bd26ee249deaaa6e04aba463962d) - buy on [Lynex](https://app.lynex.fi/) Polygon: [0x67a1fd5f393e9ceee4fb4739d73bf75c1efb9e40](https://polygonscan.com/token/0x67a1fd5f393e9ceee4fb4739d73bf75c1efb9e40) Blast: [0xc308c807bf32bd26ee249deaaa6e04aba463962d](https://blastscan.io/token/0xc308c807bf32bd26ee249deaaa6e04aba463962d) BNB: [0x67a1fd5f393e9ceee4fb4739d73bf75c1efb9e4](https://bscscan.com/token/0x67a1fd5f393e9ceee4fb4739d73bf75c1efb9e40) ### **Key Metrics:** Circulating Supply**:** 9 million MCLB External References**:** * [CoinGecko](https://www.coingecko.com/en/coins/millenniumclub-coin-new) * [DexScreener](https://dexscreener.com/fantom/0x68ca64cabbb3d40dbb0de37101a8c0b701f66fd6) ### **Token Distribution:** The initial issuance of MCLB tokens commenced with 50 million tokens, with approximately 38 million initially allocated to multisig wallets. Over time, the entire supply held in multisig wallets was burned, and an additional approximately 3 million MCLB tokens were market bought and subsequently burned. ### **Buyback and Burn Strategy:** MCLB implements a buyback and burn mechanism to manage its token supply and enhance its value proposition. Notably, buybacks and burns of MCLB tokens are exclusively conducted using liquid assets from the DAO treasury. The continuous growth of the treasury is prioritized to sustain the buyback and burn program, ultimately aiming to increase the token's value floor.