Dear BitMart Users,
As stated the “Repurchase Mechanism” in our white paper, BitMart has used 20% of the income earned from trading fees from January 20th, 2020 to February 19th, 2020 to repurchase and burn 3,776,089.249067875 BMX (approx. 90,626 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/0x8c7d3a8f20ae1bcc27d42e7ae52c16fecd523e0f6eb4026a6dcad38ec76ab708
Thank you for your support!
March 3, 2020