The capital asset of Mordiem

MDM is the capital token of the exchange

Stake MDM to earn emission, lock sMDM to mint MCU, and deposit network assets that buy and burn MDM as the platform grows.

Stake MDMRead the whitepaperGitHub
01

Get MDM

MDM is an ERC-20 on Base. Earn it from staking and capital, or receive it on-chain.

View on Basescan
02

Stake MDM

Stake 1:1 into sMDM. Free sMDM earns daily emission. Unstaking takes 7 days.

Open the dashboard
03

Mint MCU

Lock sMDM on the curve to check out MCU — $1/day of API credit when staked.

How MCU works

Why MDM exists

One capital asset for emission, collateral, and the buyback loop — instead of a dozen network-native bills.

Daily emission

A closed-form curve from genesis. Half to sMDM stakers, half to capital providers. Locked sMDM earns at a haircut.

Collateral for compute

Lock sMDM to mint MCU. Unlock by burning MCU from the same wallet. The curve rate N moves with reserves.

Buyback and burn

Capital yield and treasury haircuts can buy MDM from the market and burn it. Timing is discretionary, burns are public.

Tokenomics

Engineered as a long-horizon capital asset

Genesis allocated 100,000 MDM to the treasury — restricted from staking and check-out at launch. New MDM enters through the emission curve. Capital deposits keep principal with depositors and route yield toward buybacks.

Nothing from the treasury flows back into the curve. Reserve adjustments, if any, touch only the MCU side.

Network
Base
Type
ERC-20 · upgradeable
Stake receipt
sMDM · non-transferable
Unstake thaw
7 days
Staker share
50% of daily emission
Capital share
50% of daily emission

Frequently asked questions

What is MDM?
MDM is the Mordiem base token on Base. It is the capital asset of the exchange: stake it for emission, lock it to mint MCU, and pair it with capital deposits that fund buybacks.
How do I stake MDM?
Open the MDM dashboard, connect a wallet on Base, and Stake. You receive non-transferable sMDM 1:1. Free sMDM earns half of daily emission.
Is the MDM supply capped?
Genesis minted 100,000 MDM to the treasury. Ongoing supply comes from a closed-form emission curve E(t) = t(t+1)/2. Treasury buyback-and-burn is discretionary and can offset issuance over time.
What are the benefits of staking MDM?
Stakers earn daily MDM emission, can lock sMDM to mint MCU for compute credit, and keep unlocked sMDM earning while other amounts are locked or thawing.
How does capital interact with MDM?
Deposit USDC, wstETH, MOR, or VVV. You retain principal. Yield goes to the treasury for discretionary MDM buybacks. Capital providers earn the other half of daily emission.

Stake MDM on Base

Open the dashboard to stake, lock sMDM, and mint MCU.

Open dashboardView contracts on GitHub