Bounce Brand: More than 330,000 MBAs have been minted through Bounce M&A

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Cointime2024/05/22 03:31

By:Cointime

Bounce Brand announced on the X platform that so far, through Bounce MA, 279,052.87 MBA tokens have been minted on Ethereum, and 55,879 MBA tokens have been minted on BounceBit, with a total of 1,674,659.35 MUBI tokens, 334,931.87 BSSB tokens, and 66,986,374 AMMX tokens burned.

Previously, Bounce Brand announced that MBA is the first synthetic token supported by Bounce MA, created by merging MUBI, BSSB, and AMMX. The creation of MBA is not to replace MUBI, BSSB, and AMMX, but to enhance their flexibility. To mint one MBA token, users need to submit five MUBI tokens, one BSSB token, and 200 AMMX tokens. Once MBA is minted, the tokens submitted during this process cannot be recovered. AUCTION holders will be able to receive a 0.5% transaction fee charged during the MBA minting process.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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