Dear BitMart Users,
As stated the “Repurchase Mechanism” in our white paper, BitMart has used 20% of the income earned from trading fees from November 20th, 2020 to December 19th, 2020 to repurchase and burn 1,301,560.853521228 BMX (approx. 43,472 USD). The Repurchase Mechanism will continue until 500 million BMX are burnt, thus reducing the total supply of BMX.
We have completed this round of BMX burn. You can check the burn records via the blockchain browser: https://etherscan.io/tx/0xb08d2e412441e033987d9e934072e119b4fb074c352b9760e72bce29e476c17a
Thank you for your support!
BitMart Team
February 14, 2021
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