$MCLB serves as the governance token of the Millennium Club DAO, enabling holders to participate in the decision-making processes that shape the future of the ecosystem.
MCLB implements a buyback and burn mechanism. The DAO uses treasury assets to drive value to the token. MCLB holders constitute the core of our community. They have governance rights and get exclusive access to early-stage investments. Join us and shape the future of the Web3 space.
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 3 million MCLB tokens were market bought and subsequently burned.
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