BMT Series (Twenty-Seven): The Liquidity and Market Design of BMT Token
As the native token of Bubblemaps, the liquidity design of BMT directly determines the activity of the ecosystem. With a total supply of 1 billion tokens, only 25.6% was in circulation at the time of TGE, and this gradual release strategy avoids the risk of large-scale sell-offs in the early stages. The liquidity portion accounts for 12.18%, mainly distributed across Solana and BNB Chain, ensuring smooth cross-chain circulation.
In terms of market design, BMT adopts the LayerZero OFT standard, which makes it more than just a simple SPL or BEP20 token, but a truly interoperable asset across all chains. When bridging from Solana to BNB Chain, tokens are burned on the source chain, and an equivalent amount is minted on the target chain, keeping the total supply unchanged. This mechanism greatly reduces transfer friction, allowing users to move seamlessly without wrapping assets, enhancing liquidity.
In Intel Desk, the liquidity of BMT is even more apparent. Users deposit BMT for voting surveys, and although there is a withdrawal fee (20% on the first day, gradually decreasing to below 0.1%), this encourages long-term holding and promotes market stability. 21.3% of the ecosystem fund is used to incentivize proposers and voters, further stimulating circulation. Investors have a lock-up period of 2-6 months with gradual unlocking, avoiding short-term volatility.
From a practicality perspective, the core of BMT lies in demand-driven features. Holders can unlock advanced functionalities such as AI cluster explanations and cross-chain analysis, creating real use cases. Binance IDO and HODLer airdrop account for 4% and 3%, respectively, directly injecting liquidity into the BNB ecosystem. The overall design focuses on balance: liquidity is sufficient to support daily trading, but value is locked through governance and incentives. In the future, as Bubblemaps expands to more chains, BMT will become the circulation medium of InfoFi. If you hold BMT, consider participating in Intel Desk to experience its market vitality.
