MLN is an Ethereum token that powers Enzyme (formerly Melon Protocol), a protocol designed to facilitate on-chain asset management for the DeFi ecosystem. MLN allows users to build, share and explore DeFi investment strategies (called "vaults"), while filtering by historical performance and risk profile. MLN is used to pay for various functions throughout the vault creation process and investment lifecycle.

MLN token is a utility token that powers the ecosystem and aligns stakeholders. Tokens serve two purposes:
Users pay for the use of MLN tokens.
Developers or external contributors can earn MLN tokens by submitting grants.