$MNTL is governance and staking token securing the MantleChain along with supporting the MantlePlace (NFT marketplace) transactions: minting, trading, royalties, and fees. Initially, the token will also help bootstrap genesis creators, liquidity provision, and NFT minting and trading activities through retroactive rewards and airdrops.
The token will also used for bootstrapping the curation of the platform (via Mantle DAO) which plays an integral role in an NFT marketplace governance.