Boardwalk, the permissionless protocol for launching and discovering token economies, is moving its native token to Arbitrum. The migration opens on July 17, 2026.
The protocol's token, BMX, is a deflationary consumption token. It is burned when used to launch tokens, spent for voting in discovery mechanisms, and staked to direct fee routing. Fees are used for buybacks, burns, liquidity locks, and staking rewards.
BMX has a maximum supply of 10 million tokens. Roughly 2.7 million are currently in circulation. The protocol has previously deployed on Ethereum, Base, Fraxtal, and Katana.
The announcement was made in June. Community discussions suggest the migration could increase BMX utility. Specific transition mechanics for existing holders across chains are part of the ongoing rollout details.
A naming discrepancy exists. The original announcement referenced a migrating token called "MTB," while the protocol's public documentation and community use "BMX." This may reflect a transition from an earlier token version.
For investors, the migration could act as a catalyst by introducing the protocol to Arbitrum's user base. The tight circulating supply leaves room for deflationary mechanics to compress supply further if usage increases. Key metrics to monitor include launch activity, liquidity on Arbitrum, and the BMX burn rate post-migration.