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Bubblemaps: The total supply of BMT tokens will be evenly distributed between Solana and BNB Chain

Bubblemaps: The total supply of BMT tokens will be evenly distributed between Solana and BNB Chain

Bitget2025/03/14 13:52

Bubblemaps announced on platform X that because the BNB chain has become the main chain for BMT in terms of trading volume, liquidity, and holders, it has decided to evenly distribute the total supply between Solana and BNB Chain to promote stronger development in both communities.

Previously, the deployment address of BMT held 757 million BMT (75.7% of total supply) on Solana. Of this: 348.8 million have been deposited with locked contract operators on Solana to ensure future distribution according to a lock-up plan; The remaining quantity (408.1 million) was bridged to the BNB Chain using LayerZero OFT (cross-chain communication protocol), and is now locked up. The locking contract successfully processed thousands of withdrawals under high-pressure conditions. As issuance proceeds smoothly, the remaining supply from deployers has been transferred to locked contracts ensuring token allocation as planned. The supply on the BNB Chain has been distributed according to token economics and fully locked up at Unicrypt including 60 million for protocol development/RD, 90 million for team members, 206.7 million for ecosystem purposes and 51.45 million used for liquidity.

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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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