Mantle (MNT)
Unlock Schedule
Mantle (MNT) Token Unlock & Vesting Schedule
The unlock chart above provides a clear visual overview of the Mantle (MNT) token release schedule, showing when and how tokens enter circulation across investor, team, treasury, and community allocations. Understanding these tokenomics dynamics is critical for evaluating potential supply pressure, inflation impact, and market liquidity over time — key factors that can influence MNT price performance.
Each color segment in the chart corresponds to a specific allocation group described in the Allocations section below. Underlying assumptions and data models used to reconstruct this schedule are explained in detail under Assumptions, while broader utility insights and token use cases are covered in Tokenomics & Utility.
Tokenomics & Utility
Mantle tokenomics are designed around a fixed supply and a large, DAO‑governed treasury:
- Total supply: 6,219,316,768 MNT.
- Initial distribution (July 7, 2023 snapshot): 51% circulating; 49% in the Mantle Treasury (non‑circulating until allocated by governance).(docs.mantle.xyz)
MNT utility spans three core roles:
- Gas token on the Mantle blockchain for all transactions and contract calls.
- Governance token providing voting weight in Mantle Governance.
- Ecosystem incentive and rewards asset (for example, via the Mantle Rewards Station), with treasury outlays authorized by budget proposals.(docs.mantle.xyz)
With “Mantle tokenomics” shaped by a fixed supply, many readers watch adoption, execution costs, and treasury programs as long‑run factors that could influence perceived value and the MNT price over time. The DAO publishes supply and circulation endpoints through public APIs and the MNT contracts on Ethereum and Mantle.(docs.mantle.xyz)
Assumptions
- MNT has a fixed total supply of 6,219,316,768 at launch; no ongoing PoW/PoS issuance.
Mantle tokenomics page and MIP-23 set fully diluted supply at launch; no network issuance mechanism specified for MNT.
- Treasury budget unlocks are modeled as fully utilized and distributed linearly within authorized windows.
Docs list budget limits (BIP-19, MIP-31) but month-by-month outflows depend on program execution; linear modeling provides an upper-bound schedule for cumulative release charts.
- BIP-19 distribution window is modeled from 2023-07-07 to 2024-07-17 to reflect MNT-era circulation.
Although BIP-19 covers testnet + first mainnet year, MNT circulation begins at MNT genesis; pre-genesis spend would have been denominated in BIT.
- MIP-31 second budget cycle runs July 2024–June 2025 with up to 3 months extension.
MIP-31 specifies a 12-month period starting July 2024 and allows a pro‑rata extension of up to 3 months; modeled through September 2025.
- Future governance actions (e.g., new budgets or potential minting) are excluded until approved.
MIP-22 enables a mint function with default 0% per year; no approved mint or additional MNT issuance schedules were found.
- 1. https://docs.mantle.xyz/governance/parameters/tokenomics
- 2. https://forum.mantle.xyz/t/passed-mip-23-mnt-supply-optimization-in-preparation-for-launch/7148
- 3. https://forum.mantle.xyz/t/passed-mip-22-mantle-token-design-conversion-parameters-and-asset-handling/6352
- 4. https://forum.mantle.xyz/t/passed-bip-19-securing-the-future-with-mantle-a-comprehensive-plan/4533
- 5. https://forum.mantle.xyz/t/discussion-mantle-core-budget-for-second-budget-cycle/8841
Allocations
Description
#51
Mantle is an Ethereum layer-2 scaling solution that utilizes roll-up technology to enhance performance while maintaining Ethereum's security. Mantle is designed to be modular, supporting a range of applications and services while enabling effective governance through its native token, MNT.
| Sector: | CEX |
| Blockchain: | Other L2 |