> For the complete documentation index, see [llms.txt](https://climbtoken.gitbook.io/climb-token/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://climbtoken.gitbook.io/climb-token/tokenomics/mountain-token.md).

# MOUNTAIN TOKEN

<div align="center"><img src="/files/-MVJw4qUyN3bc-kuYXoq" alt="MOUNTAIN TOKEN (CLIMB)"></div>

## **MNTN TOKEN:**

**Ticker:** MNTN

**Contract Address:** 0xa7fcb2baabda9db593e24b25a1a32bfb5168018b

**Chain:** Binance Smart Chain (BEP-20)

**Max supply:** 1,000,000

**Emission reduction:** -20% Every 31 Days

**Decimals:** 18\
\
**Total already minted:** 50,000 MNTN

20,000 for presale

30,000 distributed to all CLIMB holders

**Enabled for staking and farming**

**What will happen to our farming when MNTN is fully mined?**

Another token will be created (MARS) to protect the MNTN economy and users will be able to mine this new token.

**Dividends:** every 7 days in tokens

### **MNTN:**

**Emission rate:** 0.27 MNTN/block - 9.00% will be sent to the holder’s address for burns, marketing, dev payout, and to fund future partnership & development (we inherited this model from the best farms).

**Deposit fee:** The deposit fee is distributed to holders address.

**Deflationary Mechanics:**

At present:

* [x] With the profits obtained from our platform and fees, MNTN tokens will repurchased to decrease liquidity exchanges. The repurchased tokens will be burned.
* [x] **Penalty fee:** This fee will be collected and distributed.\
  10% (Each sell transaction on our platform will be penalized with a 10% fee)\
  5% redistributed to all existing holders.\
  5% (50/50) of which is sold by the contract into BNB and for BUSD dividends
* [x] BuyBacks.
* [x] Team rebuys.
* [x] Team tokens burns.&#x20;
* [x] Constantly burns.
* [x] Withdrawal fee of farming and staking are used to rebuy and burn MNTN.
* [x] **20%** of MNTN & MARS spent on **lottery** tickets is burned.
* [x] Collection of fees to burn CLIMB and MNTN.
* [x] Climb NFT (in progress)
* [x] ***We remember that the profits obtained from CLIMB's platform will also be used to burn tokens and raise the price.***

MNTN is a token based on market supply and demand. The MNTN price will rise constantly, thanks to the reduction of the circulation, burning of tokens, and buybacks.