MEXC Announcement on MX Buyback and Burn for Q3 2024
Dear MEXCers,
In accordance with the community vote on the MX Token 2.0 proposals, MEXC has completed the MX burn for Q3 2024.
Details are as follows:
- Total number of MX tokens burned in Q3 2024: 2,480,000 MX
- Burn address:https://etherscan.io/tx/0x42586c163ad602e707d777ec0bb4c84bee42268999019a46fad58d9529b08bf7
New "Buyback and Burn" Plan:
- Each quarter, MEXC will allocate 40% of the platform's profits for market buybacks and the burning of MX tokens, with the goal of maintaining a circulating supply of 100 million MX tokens.
Learn more about MX Token 2.0:
MEXC values the community's input in fostering the growth of the MX ecosystem. Thank you for your valuable feedback and continued support!
Enjoy trading on MEXC.
The MEXC Team
October 15, 2024