HuntPrice

(HUNT)

Hunt Town is recognized as a "Web3 Builders Guild" dedicated to providing low-code development tools, enabling developers to efficiently launch and manage decentralized applications (dApps). It acts as an umbrella organization, encompassing various crucial products like Nomadtask, which focuses on Web3 marketing solutions, and Mint Club, a platform designed for launching tokens using bonding curve mechanisms. This ecosystem is built to empower and support the creation and scaling of innovative Web3 projects.

This is a key area of confusion for many users. HUNT is the central governance and reserve token for the entire Hunt Town ecosystem, holding broad utility. MINT was the legacy platform token specifically for Mint Club, which previously operated on the BNB Chain. MT, or Mint Token, is the current platform token for Mint Club, having been migrated to the Base Chain in 2025 as part of an ecosystem update. Essentially, MINT evolved into MT, while HUNT remains the foundational, overarching asset.

HUNT functions as a vital "Parent Token" within Mint Club, underpinning the creation of new "Child Tokens." When users launch a new token on Mint Club, they have the option to select HUNT as the reserve asset. This crucial mechanism means that the price and liquidity of the newly created token are directly backed by HUNT tokens locked within a bonding curve smart contract. This provides immediate liquidity and price discovery for the child token, leveraging HUNT's stability and ecosystem integration.

Users can earn rewards and gain voting power by locking their HUNT tokens to receive veHUNT (vote-escrowed HUNT). This process grants holders significant influence in the decentralized autonomous organization (DAO), allowing them to vote on key proposals and ecosystem developments. Furthermore, veHUNT holders receive a share of the protocol fees generated across the Hunt Town ecosystem, serving as direct staking rewards. Locking HUNT also often provides "boosted" rewards or benefits on various integrated decentralized applications.

The HUNT token has a fixed maximum supply, capped at approximately 199 million tokens. This hard cap prevents new tokens from being minted, ensuring it is non-inflationary in terms of supply expansion. Additionally, HUNT incorporates a deflationary mechanism through token burning. For example, when users execute swaps involving HUNT for MINT (or now MT), a portion of these HUNT tokens are often burned or permanently locked out of circulation. This continuous reduction in circulating supply contributes to its deflationary nature.

HUNT originally launched as an ERC-20 token on the Ethereum blockchain. However, following a significant ecosystem migration in 2025, HUNT is now heavily integrated with and primarily utilized on the Base Chain, Coinbase’s Layer 2 scaling solution. This strategic move was undertaken to benefit from lower gas fees and improved integration with the broader Coinbase and Farcaster ecosystems. While predominantly on Base, HUNT is also accessible via bridges, allowing its functionality on other EVM-compatible chains.