Dear CoinEx users,
According to the CET applications, CoinEx has conducted the 7th Monthly CET Repurchase & Burning in 2023. 11,207,094.88 CET in total were repurchased and then burnt on August 1, 2023.
1. Repurchase details
(1) Repurchased amount: 11,207,094.88 CET
(2) Address for daily repurchased：https://www.coinex.com/token
2. Burning details
(1) Burning Market Value: 356282.74 USD
3. CET details
Up to August 1, 2023, the records of CET repurchasing, burning and remaining are as follows:
Total Repurchased: 1,894,484,270.33 CET
Total Burning: 6,975,464,325.01 CET
Total Remaining: 2,977,331,684.89 CET
Since its release, CET has been issued and circulated via airdrop incentives, trading fee discounts, promotions, team unlocking, etc. Meanwhile, according to the applications of CET, CoinEx will repurchase and burn CET every day with 20% of the trading fee income, and burn all the CET repurchased monthly at the end of each month.
August 1, 2023