PANews reported on March 14 that Bubblemaps posted on the X platform, stating that since the BNB Chain has become the main chain for BMT in terms of trading volume, liquidity, and token holders, they have decided to evenly distribute the total supply between Solana and the BNB Chain to promote stronger development of the communities on both chains.
Previously, the deployment address on Solana held 757 million BMT (75.7% of the total supply), of which 348.8 million were deposited into a locked contract operator on Solana to ensure future distribution according to the locking plan; the remaining amount (408.1 million) has been bridged to the BNB Chain using the LayerZero OFT (cross-chain communication protocol) and has been locked. The locked contract successfully handled thousands of withdrawals under high pressure. As the issuance progressed smoothly, the remaining supply of the deployer has been transferred to the locked contract to ensure the tokens are distributed as planned. The supply on the BNB Chain has been allocated according to the token economics and fully locked on Unicrypt, including 60 million for protocol development/research, 90 million for the team, 206.7 million for the ecosystem, and 51.45 million for liquidity.
The current token economics on the two chains are as follows: 1. Solana chain: the deployment address has transferred all tokens to the attribution contract, which currently holds 384 million BMT. 2. BNB Chain: the allocations for the team, protocol, and ecosystem have been locked through Unicrypt, and the remaining supply is composed of token holders and the unlocked portion provided by the ecosystem and community.
