What Is Minty Token?
Minty Token (MINTY) is the utility token that powers MintyBlocks, an NFT marketplace built on the WAX blockchain. It is the token the marketplace pays out when you trade, the token you stake to earn yield, and the token that is burned on transfer to reduce supply over time. MINTY is a native WAX token — transfers are gas-free and any WAX wallet can hold it.
What is Minty Token?
MINTY is issued by the token.minty smart contract on WAX. It follows the standard WAX token interface, so it behaves like any other WAX token in wallets and on exchanges, with four decimal places of precision and a fixed maximum supply of 100,000,000 MINTY that the contract cannot exceed.
What makes MINTY different from a generic token is that it is wired directly into the marketplace. It is not sold as a separate product — it is minted into existence when people use MintyBlocks, distributed to both sides of every trade, and removed from supply again through a transfer burn. The token's supply is a function of platform activity.
Key features
Trade-to-earn rewards
Every completed marketplace sale mints MINTY worth 1% of the sale price, split 50/50 between buyer and seller.
Tiered staking
Four lock tiers from 3 days up to 360 days, paying 3% to 20% APY.
Deflationary burn
A 1% burn on standard transfers permanently destroys tokens, so supply falls as MINTY changes hands.
Hard-capped supply
100,000,000 MINTY maximum, fixed at creation. Burns reduce supply; nothing can raise the cap.
Gas-free transfers
MINTY is native to WAX, so sending, staking and trading it costs no gas.
Tradable on Alcor
Live liquidity across 7 pairs on the Alcor decentralised exchange.
Utility & use cases
Earning on every trade
MINTY's primary use is as the marketplace's reward currency. When a sale completes on the MintyBlocks market, the contract mints rewards worth 1% of the sale price and credits half to the buyer and half to the seller. Buyers pay no platform fee at all, so a purchase is a net gain in MINTY terms. These rewards accrue on-chain as a boost balance and are then staked via the contract's stakeboost action, where they continue to earn APY.
Because rewards route into staking rather than to your wallet, and the minimum stake is 1.0000 MINTY, small reward balances accumulate before they become stakeable.
Staking for yield
Holders can lock MINTY in one of four staking tiers on the staking dashboard. Longer locks pay materially more, topping out at 20% APY for a 360-day lock. Rewards are minted by the token contract against the remaining supply cap, and staking movements are exempt from the transfer burn — you are never taxed for staking or unstaking.
Trading and liquidity
MINTY is freely tradable on Alcor, WAX's decentralised exchange, currently across 7 pools — including WAX, AOSX, BUZZ, VLR. Liquidity providers earn the pool fee on swaps they support.
Participating in the creator economy
MINTY sits alongside the rest of the MintyBlocks toolkit — creators launch collections and NFT drops, collectors blend NFTs into new assets, and every secondary sale that results feeds the same reward loop. Activity in the ecosystem is what issues MINTY.
Tokenomics
The figures below are read live from the token.minty contract on WAX.
Supply and distribution
Of the 100,000,000 MINTY hard cap, 1,642,796.2171 MINTY (1.64%) has been issued so far. It is worth being precise about what that number means: it is the total issued, not free float. A large share sits in the Alcor liquidity pool and in the staking contract rather than in individual wallets.
The burn mechanic
MINTY applies a 1% burn to standard transfers. The burned amount is destroyed rather than redirected, so it leaves circulation permanently — 50.5169 MINTY has been burned to date. Three things are worth knowing about how it behaves:
- Staking is exempt. Internal staking movements, transfers involving the token contract, and whitelisted addresses skip the burn entirely.
- No dust burn. If the calculated burn rounds to zero, the full amount transfers untouched.
- The cap never moves. Burning reduces supply only. Maximum supply is immutable, so burns permanently widen the gap between issued and maximum supply.
Staking tiers
| Tier | Lock period | APY |
|---|---|---|
| Tier 1 | 3 days | 3% |
| Tier 2 | 90 days | 5% |
| Tier 3 | 180 days | 10% |
| Tier 4 | 360 days | 20% |
The minimum stake is 1.0000 MINTY. Staked tokens are locked for the tier duration and become withdrawable once the lock expires.
How new MINTY enters circulation
There is no ongoing sale or emission schedule. New MINTY is minted in exactly two ways — as staking rewards and as marketplace trade rewards — and both are checked against the remaining headroom under the 100,000,000 cap before any tokens are created. Issuance therefore tracks platform usage: more trading and more staking issues more MINTY, while transfer activity burns it back out.
Ecosystem & integrations
MINTY is issued on WAX, a carbon-neutral blockchain purpose-built for NFTs and gaming with feeless transactions. That choice matters for a rewards token: micro-value reward payouts would be uneconomic on a chain with gas fees.
- MintyBlocks marketplace — the source of trade rewards. Buy, sell, and collect on Explore and Market.
- MINTY staking — the tiered staking vaults on the staking dashboard.
- Alcor DEX — MINTY's trading venue on WAX, currently 7 pools.
- AtomicAssets — the NFT standard MintyBlocks is built on, making its NFTs interoperable across the whole WAX marketplace ecosystem.
- WAX wallets — WAX Cloud Wallet, Anchor, and Wombat all hold MINTY natively.
- MintyStudio — creator tooling for collections, drops, and blends.
How to get and hold MINTY
1. Set up a WAX wallet
MINTY is a native WAX token, so it needs a WAX account rather than an Ethereum-style address. WAX Cloud Wallet, Anchor, and Wombat all work, and all three connect to MintyBlocks directly.
2. Earn it by trading
The simplest way to acquire MINTY is to use the marketplace. Every sale pays 1% of the price in MINTY rewards split between buyer and seller, and buyers pay no platform fee. Start on Explore or the buying guide.
3. Swap for it on Alcor
MINTY can be swapped on the Alcor DEX against WAX and other WAX tokens. Because it is a native WAX token, swaps settle without gas fees.
4. Stake it
Once you hold MINTY, staking it on the staking dashboard earns tier APY up to 20%. Staking and unstaking are exempt from the transfer burn.
Note on fees: holding or staking MINTY does not reduce marketplace fees. Buyers pay exactly the listing price with no platform fee; sellers pay the collection royalty plus a 2% marketplace fee. On paid drops and blends a 2% platform fee is deducted and the creator receives 98%.
Frequently asked questions
What is Minty Token (MINTY)?
MINTY is the utility token of MintyBlocks, an NFT marketplace built on the WAX blockchain. It is a native WAX token issued by the `token.minty` smart contract with four decimal places and a fixed maximum supply of 100,000,000 MINTY. MINTY is what the marketplace pays out as trade rewards, what holders stake to earn APY, and what is burned on transfer to reduce supply over time.
How do I earn MINTY?
Trade on MintyBlocks. Every completed marketplace sale mints MINTY rewards worth 1% of the sale price, split 50/50 between the buyer and the seller — a 100 WAX sale credits roughly 0.5 MINTY to each side. Rewards accrue on-chain as a boost balance. You can also acquire MINTY by swapping for it on the Alcor DEX.
Can I withdraw my trade rewards to my wallet?
Not directly. Boost rewards earned from trading are staked into MINTY via the stakeboost action rather than sent to your wallet — there is no claim-to-wallet action for them. Once staked they earn tier APY like any other position and are withdrawable when the lock expires. The minimum stake is 1.0000 MINTY, so very small reward balances must accumulate before they can be staked.
What is the MINTY staking APY?
MINTY staking has four tiers, and the rate rises with the lock length: 3 days at 3% APY, 90 days at 5% APY, 180 days at 10% APY, and 360 days at 20% APY. The minimum stake is 1.0000 MINTY. Tokens are locked for the tier duration and can be unstaked once the lock expires.
Is MINTY deflationary?
It has a deflationary mechanism. A 1% burn is applied to standard MINTY transfers, permanently destroying those tokens and reducing supply. The burn is skipped for transfers involving the contract account, for whitelisted addresses, and for internal staking movements — so staking and unstaking are not taxed. Burns reduce circulating supply only; the 100,000,000 maximum supply is fixed and cannot be raised.
What is the maximum supply of MINTY?
MINTY has a hard cap of 100,000,000.0000 MINTY set when the token was created, and the contract cannot mint beyond it. New MINTY enters circulation only as staking rewards and marketplace trade rewards, each checked against remaining headroom under the cap.
Where can I buy or trade MINTY?
MINTY trades on Alcor, a decentralised exchange on WAX, where it is paired against WAX and several other WAX tokens. Because MINTY is a native WAX token, any WAX wallet — WAX Cloud Wallet, Anchor, or Wombat — can hold it, and transfers are gas-free.
Does holding MINTY reduce my marketplace fees?
No. MintyBlocks does not offer a fee discount or fee waiver for holding or staking MINTY. Marketplace fees are the same for everyone: buyers pay exactly the listing price with no platform fee, and sellers pay the collection royalty plus a 2% marketplace fee. MINTY’s value to a trader comes from the rewards it pays out, not from a discount.