Bubblemaps Token (BMT), a cross-chain token operating on both the BNB chain and Solana through LayerZero OFT Standard, has released a detailed breakdown of its tokenomics, aiming for a strong and well-distributed ecosystem. With total supply of 1,000,000,000 tokens, the project emphasizes transparency and community engagement.
Currently, the supply is split between BNB Chain (12%) and Solana (88%). According to Bubblemaps analysis, the on-chain distribution reveals that the Deployer initially held a significant 86% of the Solana supply.
This allocation seems to be strategically planned for redistribution to the Vesting Contract Operator, who will look after these allocation across key areas. This move will ensure a decentralized and controlled release of tokens, preventing market manipulation and promoting long-term growth.
BMT Tokenomics and Key Allocations
A good amount of the tokens is reserved for Ecosystem growth (consists of 26.3% of the total tokens), which indicates a strong focus on building the BMT community. These tokens will likely be used for partnerships, grants and initiatives designed to expand the BMT ecosystem.
Investors are allocated a 24.3% of the supply and 12.2% of the total tokens will be allocated for liquidity which will ensure a stable and accessible trading environment.
Airdrop will constitute 22.2% of the total supply, rewarding adopters and incentivizing participants. Moreover, 6% is allocated to Protocol development and R&D, demonstrating a commitment to innovation and continuous improvement of the BMT platform.
Role of Vesting Contract Operators
The distribution model highlights a clear emphasis on long-term sustainability and community involvement. The Deployer’s initial holding is a temporary measure to facilitate organized distribution through the Vesting Contract Operator.
The project also encourages stakeholders to examine the token distribution on both chains using Bubblemap’s visual tools. These maps offer transparency into the token’s flow and concentration, allowing users for informed decision making.
BMT aims to promote trust and empower its community by providing essential resources for assessing project’s health and potential. The users can now easily explore the tokenomics on both these chains.
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