Dear CoinEx users,
According to the CET applications, CoinEx has conducted the 5th Monthly CET Repurchase & Burning in 2021. 66,558,639.67 CET in total were repurchased and then burnt on September 1, 2021.
1. Repurchase details
(1) Repurchased amount: 66,558,639.67 CET
(2) Address for daily repurchased：https://www.coinex.com/token
2. Burning details
(1) Burning Market Value: 4,893,739.31 USD
(2) To address: https://www.coinex.net/tx/0xd9ce9f5bcacb7d326d6c5d8e3fa06594e64756fb4e185146f87f9f262d2186ae
3. CET details
Up to September 1, 2021, the records of CET repurchasing, burning and remaining are as follows:
Total Repurchased: 765,257,810.46 CET
Total Burning: 5,846,238,864.55 CET
Total Remaining: 4,089,017,941.00 CET
4. Notes
Based on the Disclosure of CET Circulation and Future Applications, we will repurchase CET daily with 50% of our transaction fee income, and burn all the CET repurchased at the end of each calendar month until the total supply of CET reduces to 3 billion. According to users’ feedback and after careful consideration, after the "3 billion" target is achieved, we will continue to use 20% of our fee income for CET repurchase and burning until it is completely burned.
CoinEx Team
September 1, 2021
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