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Successful First Phase of AB DAO's Global Token Interchangeability Initiative

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by Giorgi Kostiuk

3 days ago


AB DAO announced the first success of its global asset recall initiative, successfully completing the cross-chain conversion of over 7 million NEW-09E tokens into AB mainnet assets.

First Phase Initiative Success

So far, 28 BEP2 NEW-09E token holders have completed the cross-chain process, successfully converting 7,253,997 NEW-09E tokens into AB mainnet assets, officially joining the AB blockchain ecosystem.

Asset Recall Campaign Objective

This recall campaign aims to assist users still holding BEP2 NEW-09E tokens on the BNB Beacon Chain in recovering their assets. With the BNB Beacon Chain scheduled to shut down, a significant number of assets are at risk. Inspired by BNB's official Token Recovery Tool mechanism, AB DAO has launched a dedicated cross-chain platform, providing a convenient conversion channel for 21,989 related addresses worldwide.

Expansion of AB DAO Global Ecosystem

Currently, users can trade $AB on exchanges such as Bitget, HTX, MEXC, BingX, BitMart, Lbank, Hotcoin, UEEx, 4E, with upcoming listings on Gate, Biconomy, DigiFinex, BTSE, and WEEX. In the near future, $AB will be available on even more trading platforms, expanding its ecosystem use cases and accelerating global growth. The AB DAO community's goal: to have 100 million people worldwide holding $AB.

AB DAO's recall initiative has achieved initial success, with hopes for further expansion of the global $AB ecosystem, offering users new opportunities to engage with core nodes across major exchange platforms.

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