According to Odaily, Bounce Brand has reported significant activity on the Ethereum platform. To date, through Bounce M&A, 279,052.87 MBA tokens have been minted on Ethereum, with an additional 55,879 MBA tokens minted on BounceBit. In total, 1,674,659.35 MUBI tokens, 334,931.87 BSSB tokens, and 66,986,374 AMMX tokens have been destroyed.
Previously, Bounce Brand announced that MBA was the first synthetic token supported by Bounce M&A, created by merging MUBI, BSSB, and AMMX. The creation of MBA was not intended to replace MUBI, BSSB, or AMMX, but rather to enhance their resilience. Users wishing to mint one MBA token need to submit five MUBI tokens, one BSSB token, and 200 AMMX tokens. Once an MBA token is minted, the tokens submitted in the process cannot be recovered.
AUCTION holders will be able to collect a 0.5% transaction fee from the MBA minting process. This development marks a significant milestone in the token activity on the Ethereum platform, demonstrating the growing influence of Bounce Brand in the crypto space.
