# MBTC

{% hint style="info" %}
**Disclaimer:** [here](/relics/introduction/disclaimer.md)
{% endhint %}

Meme Bitcoin (MBTC) is the protocol’s base token. It explicitly includes the word “meme” because the entire protocol is intended as an experiment, and the base token should be seen as a collectible rather than a utility.

MBTC was launched through a free Ordinals mint, gated by an allowlist to avoid snipers. Access to the allowlist was distributed as fair as possible - for example, via [using Bones Protocol](https://x.com/relics_btc/status/1890113449327210655) and through over 100 Ordinal communities. 100% of the MBTC supply goes to Ordinal holders.

The supply of MBTC will be \~21,000,000. It may be deflationary if the protocol is used, as MBTC is burned—for example, during the [sealing of relics](/relics/core-features/relics.md#sealing-reserving-a-relic-ticker). With 3,210 [MBTC inscriptions](https://magiceden.io/ordinals/marketplace/relics-protocol), each can be unwrapped (by burning it) into 6,542.05 MBTC. There is no deadline for unwrapping.

**⚠ Important Notes**

Unwrapping happens at the protocol level. For example, you can use the indexer CLI (docs coming soon) to unwrap. It’s not recommended to use inscription-burning tools or wallets that aren’t Relics-aware, as these may create incompatible transactions or unintentionally spend your Relics. Also, there’s no marketplace for MBTC yet—while you may be able to trade MBTC inscriptions, you likely won’t be able to trade the MBTC Relic.


---

# Agent Instructions: Querying This Documentation

If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question.

Perform an HTTP GET request on the current page URL with the `ask` query parameter:

```
GET https://docs.relicsprotocol.com/relics/core-features/mbtc.md?ask=<question>
```

The question should be specific, self-contained, and written in natural language.
The response will contain a direct answer to the question and relevant excerpts and sources from the documentation.

Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.