Blockchain Press Releases
METABORA SINGAPORE Updates BORA 3.0 and Adopts Deflationary Tokenomics

- Through the update, integration of dual-token structure and revised token gas fee policy has been integrated
- Transition to Deflationary Tokenomics with Gas Fee Burning Mechanism
SINGAPORE, June 12, 2024 /PRNewswire/ — METABORA SINGAPORE (CEO Gyehan Song) announced that it has updated BORA mainnet to version 3.0 and completed the implementation of deflationary tokenomics on June 12th.
This update includes several key changes that were approved at the 5th BORA Governance Council (GC) General Meeting on April 25.
These changes include:
- Integration of the dual-token structure of tBORA and bGAS into a single BORA mainnet token,
- Introduction of a token gas fee policy to stimulate the BORA chain,
- Migration of onboarding games and blockchain services deployed on BORA 2.0 to the updated mainnet.
Additionally, the previous inflation model has been abandoned in favor of a new ‘Dynamic Token Burning Model,’ which burns a certain proportion of BORA paid as gas fees. The initial burning rate under this model is set at 50%.
With these changes, BORA is set to transition to a deflationary tokenomics model. The plan is to further activate token burning through the enhancement of blockchain services linked to new games and other content scheduled for release in the second half of the year.
In line with its business expansion, BORA will also introduce new onboarding content sequentially. This includes the launch of multiple titles in the global market, such as a baseball simulation game based on a major global IP and ‘Birdie Squad 2024,’ which features live coverage of KLPGA. These initiatives aim to expand the BORA ecosystem into the sports and entertainment content sectors.
Through this mainnet update, Metabora Singapore plans to show an evolved BORA service and ecosystem.
Meanwhile, METABORA SINGAPORE is expanding cross-chains with various global platforms such as Polygon, Near Protocol, Ethereum, and Binance Chain to expand the global ecosystem of BORA and is preparing for a variety of content services beyond games.
Detailed information about BORA 3.0 Mainnet update is available on the BORA Portal website.
APPENDIX
BORA PORTAL URL: https://boraportal.com/
Contact Points at METABORA for Press Release
Kelly Lee, Deputy Manager / kelly.meta@metabora.io
Allen Ha, Manager / allen.meta@metabora.io
About METABORA SINGAPORE
As a subsidiary of METABORA, a casual and blockchain game developer, and a developer of blockchain platform BORA, METABORA SINGAPORE is servicing user-friendly blockchain-based games and entertainment contents based on a myriad of experiences in development and service.
BORA Platform is associated with various partners across the industries capable of bringing a shift and advance in tokenomics, content and blockchain technology, and covers a range of contents from game to entertainment to guild DAO through an aggressive eco fund investment and partnership. Also, it is developing services optimized to GameFi such as NFT trading, token exchange and DeFi by running BORA Portal.
BORA is a national game/entertainment token with a high liquidity in the market and reinforcing the accessibility of users and services abroad by increasing the listing on global cryptocurrency exchanges and expanding partnership.

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Blockchain Press Releases
Bybit Unveils Liquidity Shield Trading Frenzy with 1,000,000 USDT Prize Pool

DUBAI, UAE, April 7, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, is proud to announce the launch of Liquidity Shield Trading Frenzy, a limited-time initiative designed to empower traders to benefit from Bybit’s leading liquidity and with a chance to win substantial rewards.
From now until May 3, 2025, eligible users may sign up to unlock the Bybit-exclusive protection, offloading pressure of rising volatility in the current market. This program offers participants a chance to compete for a share of a 1,000,000 USDT prize pool across three dynamic activities:
Key Benefits
- Liquidity Shield – Trade with Confidence: A 300,000 USDT prize pool has been allocated to help users mitigate slippage risks during market orders on trending USDT trading pairs. This ensures smoother trading experiences. Participants will be reimbursed for slippage up to 10 USDT per trade and up to 1,000 USDT per user, enhancing trading precision and safeguarding traders against sharp price fluctuations.
- Ultimate 100 – Rewarding Spot Trading Excellence: Spot traders can demonstrate their skills and climb the leaderboard for a share of the 200,000 USDT prize pool. The top 100 traders by volume stand to win rewards as high as 30,000 USDT. With two tiers—Base Pool ($100,000) and Boost Pool ($200,000)—this activity incentivizes high-volume trading while fostering competition among participants.
- Power Boost – Unlock Rewards with Hot Tokens: For traders who prefer trading trending tokens, the Power Boost activity offers access to a massive 500,000 USDT prize pool. By trading selected hot tokens, traders can qualify for multiple pools and maximize their rewards based on trading volume. This initiative caters to diverse trading strategies and encourages exploration of promising assets. The participation threshold for this segment is as low as 500 USDT.
Bybit continues to redefine the trading experience with innovative features like unmatched liquidity protection and dynamic reward structures. For detailed information about eligibility and terms and conditions, users may visit the Bybit Liquidity Shield Trading Frenzy event page.
#Bybit / #TheCryptoArk
About Bybit
Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.
For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: media@bybit.com
For updates, please follow: Bybit’s Communities and Social Media
Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube

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Blockchain Press Releases
MANTRA Launches $108,888,888 Ecosystem Fund to Propel RWA Innovation

HONG KONG, April 7, 2025 /PRNewswire/ — MANTRA Chain, a layer 1 blockchain purpose-built for tokenized real-world assets (RWAs), today announced the launch of the MANTRA Ecosystem Fund (MEF), a $108,888,888 million investment initiative designed to accelerate the growth and adoption of projects within the MANTRA ecosystem. The announcement of the MEF arrives after MANTRA became the first DeFi platform to successfully obtain a Virtual Asset Service Provider (VASP) license from Dubai’s Virtual Assets Regulatory Authority (VARA), to operate as a Virtual Asset Exchange, as well as provide Broker-Dealer and Management and Investment Services.
Supported by a strong network of partners and investors, the MEF will deploy up to $108,888,888 million over the next four years to support high-potential blockchain projects around the world. The MEF will serve as a strategic growth engine, providing capital to startups alongside globally renowned investment firms.
Investment opportunities will be sourced through MANTRA’s vast partner network, including leading incubators and accelerators, and capital partners such as Laser Digital, Shorooq, Brevan Howard Digital, Valor Capital, Three Point Capital, Amber Group, Manifold, UoB Venture, DAMAC, Fuse, LVNA Capital, Forte, and many more. This extensive global reach will ensure that the MEF gains exposure to top-tier projects from around the world.
“In an era where blockchain technology is revolutionizing finance, the MEF will serve as a catalyst for groundbreaking projects that drive real-world adoption through a focus upon the tokenization of real world assets,” said John Patrick Mullin, CEO and founder of MANTRA.
“By aligning with top investors and incubators, we are opening doors for visionary founders and teams to join us in building and creating a thriving ecosystem and bringing more of the world on-chain.”
Gideon Daitz, partner at Three Point Capital, who will lead the MEF said, “Our primary mission with the MEF is to support the development of RWA tokenization globally, empowering teams with capital, network, and advice to put the world’s highest-quality assets on-chain. We are primarily focused on building out the MANTRA ecosystem, but we genuinely believe in playing a non-zero-sum game, where collaboration and a broad open-arms policy will serve our community and industry best.”
Further adding, “We are seeking to make high conviction, resource heavy developments into fewer more focused teams, ultimately fostering stronger and more ingrained ties through our diverse network of resources.”
The MEF aims to attract and support the best teams in the world innovating with RWA tokenization, welcoming projects at any developmental stage, and even those that are chain agnostic. By fostering collaboration between blockchain pioneers and leading investment firms, MEF is set to become a major force in the evolution of DeFi and RWA adoption.
For more information on how to apply, visit MANTRAChain.io.
About MANTRA
MANTRA Chain is a purpose-built Layer 1 blockchain for real-world assets, capable of adherence to real world regulatory requirements. As a permissionless chain, MANTRA Chain empowers developers and institutions to seamlessly participate in the evolving RWA tokenization space by offering advanced technology modules, compliance mechanisms, and cross-chain interoperability.
MANTRA holds a Virtual Asset Service Provider (VASP) license from Dubai’s Virtual Assets Regulatory Authority (VARA), to operate as a Virtual Asset Exchange, as well as provide Broker-Dealer and Management and Investment Services.
View original content:https://www.prnewswire.co.uk/news-releases/mantra-launches-108-888-888-ecosystem-fund-to-propel-rwa-innovation-302421062.html
Blockchain Press Releases
Top 10 New Tokens on MEXC Average 4,770% Growth in March

VICTORIA, Seychelles, April 7, 2025 /PRNewswire/ — MEXC, a leading global cryptocurrency exchange, has released the latest information on the performance of trading operations on the platform, highlighting new milestones and delivering invaluable insights into overall market trends. The dynamics of the BSC ecosystem and specific actions taken by MEXC have allowed average prices on top tokens to excel by thousands of percent, and user numbers to swell, underscoring the importance of new instruments and sectors on general market traction.
Key Takeaways:
- MEXC listed 129 new tokens in March, 42 of them hosted by the BSC ecosystem;
- Average price of the top 5 trending tokens on BSC overstepped by 3,760%;
- Top 10 new tokens achieved an average pricing of 4,770% in March, up fourfold from January and February;
- MEXC introduced the 0% trading fees for SOL, HYPE, AAVE, and AIXBT, boosting user numbers by 17.8% month-over-month, and trading volume by 170%.
- Among the top 10 new tokens in March, meme tokens made up half of March’s top 10 spots defying the recent downturn in the sector.
MEXC started March with news of listing 129 new tokens, 42 of which were hosted on the BSC ecosystem. The given number accounts for 32.6% of overall trading, highlighting the importance of the BSC for MEXC and the degree of the exchange’s penetration and integration with the ecosystem. Total spot trading for new tokens accounted for 50.8%, rising by 30.1% month-over-month. Overall trading volume spiked by 56.6%, up by 63.5% compared to February. These dynamics indicate that users are resorting to MEXC as a preferred venue for trading BSC-hosted tokens.
The BSC ecosystem took a leading role in the surge, with top 5 trending tokens reaching an average price increase of 3,760%. The uptrend was driven by MUBARAK, BUBB, and TUT, with 10,900%, 4,168%, and 2,000%, respectively. At the same time, the top 10 new tokens showcased an average price increase of 4,770%, up from 1,174% for the same token category in January and February. MEME tokens took up half of the leaders’ pedestal, with assets from the Infra, AI, and DePIN sectors taking up the remaining spots.
MEXC confirmed its position as a leader across multiple sectors of crypto asset trading, further solidifying its commitment to trading excellence by introducing the 0% Trading Fees Campaign. The action encompassed such pairs as SOL/USDT, HYPE/USDT, AAVE/USDT, and AIXBT/USDT. The campaign has already proven its effectiveness, with the number of traders of zero-fee pairs growing by 17.8% month-over-month, contributing to an overall 170.2% increase in trading volume. SOL/USDT trading pair led with an 186% increase in daily average trading volume and a 209% rise in market share (from 9.8% to 30.3%). RAY/USDT followed with a 27.8% share, while HBAR/USDT and HYPE/USDT rose by 115% and 165%, reaching 18.8% and 13.3% market share, respectively.
The general downturn in the crypto market throughout March of 2025 did not hinder MEXC from continuing to solidify its position as a leader in terms of trading volume growth. The exchange is taking a significant role in the ongoing expansion of the BSC ecosystem, which contributes new tokens to traders. MEXC is committed to remaining a market leader and delivering world-class service to traders at low trading costs with a broad array of innovations and lucrative trading opportunities.
About MEXC
Founded in 2018, MEXC is committed to being “Your Easiest Way to Crypto.” Serving over 34 million users across 170+ countries, MEXC is known for its broad selection of trending tokens, everyday airdrop opportunities, and low trading fees. Our user-friendly platform is designed to support both new traders and experienced investors, offering secure and efficient access to digital assets. MEXC prioritizes simplicity and innovation, making crypto trading more accessible and rewarding.
MEXC Official Website| X | Telegram |How to Sign Up on MEXC

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