Dear BitMart Users,
As stated the “Repurchase Mechanism” in our white paper, BitMart used 20% of the income earned from trading fees of Q3, 2024 to repurchase and burn 1,401,981 BMX (approx. 513,125 USD) . The Repurchase Mechanism will continue until 500 million BMX are burnt, thus reducing the total supply of BMX.
You can check the burn records via the blockchain browser:
https://etherscan.io/tx/0xbe56c9947e61e85cdfb2809d813be8bca095ec427769d2a3abe5b0ad97ea822d#eventlog
Thank you for your support!
BitMart Team
Oct 25, 2024
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