Dear CoinEx users,
According to the applications of CET, 63,845,487.84 CET in total were repurchased and then burnt on June 1, 2021.
Repurchased amount: 63,845,487.84 CET
Market Value: 5,577,640.74 USD
Address for daily repurchased：https://www.coinex.com/token
To address:
https://explorer.coinex.net/transactions/E28322CC78D446185813FE6286C62EA6A7055FCA92D7B29D92733317171A7D0D
At the time of this announcement, CoinEx has repurchased a total amount of 607,134,900.27 CET, burnt 5,687,018,325.23 CET and total amount of CET has now been reduced to 4,376,827,162.61 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 monthly at the end of each month 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
June 1, 2021
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