Dear CoinEx users:
According to the applications of CET, 178,475,281.89 CET in total were repurchased and then burnt on April 1, 2021.
Repurchased amount: 178,475,281.89 CET
Market Value: 3,141,556.36 USD
Address for daily repurchased：https://www.coinex.com/token
To address:
https://explorer.coinex.net/transactions/C7396D845FB9253EAC8D100DE0BA6BDBD934A0AED6845BCA81114D79493E17EA
At the time of this announcement, CoinEx has repurchased a total amount of 481,410,774.27 CET, burnt 5,560,310,774.39 CET and total amount of CET has now been reduced to 4,439,689,225.61 CET.
Based on the Disclosure of CET Circulation and Future Applications, we will repurchase and burn CET every day with 50% of our transaction fee income, and burn all the CET repurchased quarterly at the end of each quarter, until the total supply of CET reduces to 3 billion. According to users’ feedback and after careful consideration, when the “3 billion” target achieved, we will continue to use 20% of our fee income for CET repurchase and burning until CET is completely burned.
CoinEx Team
April 1, 2021
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The Quarterly CET Repurchase & Burning: Q1, 2021
