MEXC Releases MX Buy-back & Burn Information of Q1 2024
Dear MEXCers,
Based on the community voting result on MX Token 2.0 Proposals, MEXC has carried out the MX burn of Q1 2024.
Details are as follows:
- The number of MX tokens burnt for Q1 2024: 2,152,700 MX
- The burn address: https://etherscan.io/tx/0x16b27780494e433765a85d0ea44bc3bd0b0e9ed87ddf90b7a9c7296e9c932d42
New “Buy-Back and Burn” Program:
We will commit 40% of the MEXC platform profit to buy back and burn the MX Token from the market quarterly, with the goal of maintaining a circulating supply of MX Token at 100 million.
Learn more about MX Token 2.0:
MEXC has always placed a high value on the community's voice to develop the MX ecosystem better. We appreciate your valuable advice, and thank you for your support!
Enjoy trading on MEXC.
The MEXC Team
15 April 2024