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

# MMF token

The only token that will be created on Arbitrum by the MM Team

{% hint style="info" %}
MMF Arbitrum token address: 0x56b251d4b493ee3956E3f899D36b7290902D2326

xMMF Arbitrum token address: 0xB8635f1644422e7EbcA07C06b839075A74f57dBB
{% endhint %}

## Core information about our token

$MMF is MM Finance's native utility token. 

* Max supply: 1,000,000,000 MMF tokens
* Intended max supply: 500,000,000 MMF tokens (If we hit sustainability earlier, we will opt to burn the rest of the MMF supply that has not been minted)
* Launchpad and initial supply: 1.25% \
  Liquidity providers (through farm and pool rewards): 88.75% \
  Development fund (vested over 12 months): 4% \
  Marketing and ecosystem fund (vested over 12 months): 4%\
  Team treasury (vested over 24 months): 2%<br>
* Initial supply: 12,500,000 MMF tokens
* Launchpad: 5,000,000 MMF
* Initial liquidity: 4,000,000 MMF (80% of all fund raised will be used to form MMF/USDC LP)
* Marketing campaigns: 500,000 MMF
* Remaining 3,000,000 MMF tokens will be locked out of circulating supply into xMMF, and subsequently locked as veMMF tokens for voting rights

Emission Per Block Initially: 24 MMF per block (to be reduced gradually over time)