MEXC Releases MX Buy-back & Burn Information of Q1 2022

MEXC

2022-04-19

Dear users,

Based on the community voting result on MX Token 2.0 Proposals, MEXC has carried out the MX burn in Q1 2022.

Details are as follows：

The number of MX tokens burnt in Q1 2022: 2,266,655 MX
The burn address: https://etherscan.io/tx/0xc4c44bee4ef5f679255c486a1e140172fc1a2838a895da8280da298338c336a7

Details of the Plan:

New “Buy-Back and Burn” Program

MEXC will introduce a new “Buy-Back & 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 Releases the Result of MX Community Voting on MX Token 2.0 Proposals

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!

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