The MBM Token is an operational CeFI to DeFI bridge.
MBM is a decentralized protocol for the issuance of decentralized structured investment products built on the Ethereum network, wrapped in a form of non-fungible tokens.
for interacting with MBM smart contracts and the MBM Platform software development kit to connect issuing partners, such as exchanges, wallets, and traditional finance markets members, to the MBM network allowing them to offer MBM’s NFT-based structured investment products to their clients.
The MBM Platform simplifies and standardizes structured investment products, making the terms easier to understand and simplifying the issuance process.
The final structured investment product is wrapped in a form of NFT with its own underlying assets and payout mechanism.
The issuance of the structured investment products requires interactions between the MBM collateralization pool smart contract and the MBM Platform smart contract for the product being minted.
An MBM Token holder can mint a structured investment product by locking MBM tokens as collateral in the MBM collateralization pool smart contract. The contract checks that the collateralization ratio meets the requirements for the product selected. Then the MBM collateralization pool smart contract instructs the MBM Platform smart contract to issue a new structured investment product in a form of an NFT and adds it to the user’s wallet.
MBM token holders will have access to the MBM Platform and will be able to earn a return from yield farming the tokens or buying structured investment products. The expansion of the MBM Platform offering and the growth of the MBM user base will increase demand for the MBM token. As institutional partners and issuing partners onboard the MBM Platform SDK, they will create a supply and demand cycle as they sell more MBM structured investment products and require MBM tokens to add to the collateralization pool.
MBM Token is an utility token built on the Ethereum network as its initial platform for the operation and it is governed by the Ethereum ecosystem’s smart contract.
We are already building the platform. Over the next four quarters, we will develop, launch and refine the MBM Platform and launch the SDK for issuing partners.
Below are answers to some of the common questions about the MBM token. If you have other questions, please get in touch with the team using the contact form below.
MBM is developing a decentralized application for interacting with MBM Platform smart contracts and an SDK to connect issuer partners, such as exchanges, wallets and CeFi banking clients, to MBM’s smart contracts so that they may offer decentralizes structured investment products wrapped in NFT to their clients.
MBM can be bought with BTC, ETH, BNB, and USDT
Total supply is 640,000,000