Dear BitMart Users,
As stated the “Repurchase Mechanism” in our white paper, BitMart has used 20% of the income earned from trading fees from September 20th to October 19th to repurchase and burn 6587452.88510853 BMX (approx. 197,624 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:
Thank you for your support!
November 2, 2018