MultiBank Group: MBG Buyback and Burn Program Set to Remove 50% of Supply in Four Years

Quick Summary:

MultiBank Group has jumped into the fray to add more value to its native token, $MBG.

The internal mechanism of the ecosystem will ensure that 50% of the total supply is reduced as the usage of the token increases across the ecosystem.

And over the next five years, the goal is to burn $440.26 million worth of tokens, bringing the supply down by at least 25.4%.

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Article Details

Category: Crypto

Markets: India

Topics: Group Multibank Value Million Supply Crypto Billion Token $mbg Exchange Financial

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-22 @ 07:33:12 (14 hours ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 180 words

Reading Time: 1 minutes read

Sentences: 26 lines

Sentence Length: 7 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 28902416

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Main Topics: Crypto

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