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https://www.gate.com/announcements/article/45974
According to the article published by Bounce Brand on the X platform, so far, 279052.87 MBA has been minted on Ethereum through Bounce M&A, and 55879 MBA has been minted on BounceBit. In total, 1,674,659.35 MUBI, 334,931.87 BSSB, and 66,986,374 AMMX have been destroyed.
Previously, Bounce Brand announced that MBA is the first synthetic token supported by Bounce M&A, created by merging MUBI, BSSB, and AMMX. The creation of MBA is not intended to replace MUBI, BSSB, and AMMX, but to enhance their elasticity. To mint one MBA, users need to submit 5 MUBI, 1 BSSB, and 200 AMMX. 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.