Dear CoinEx users,
According to the CET applications, CoinEx has conducted the 9th Monthly CET Repurchase & Burning in 2021. 42,417,192.15 CET in total were repurchased and then burnt on January 1, 2022.
1. Repurchase details
(1) Repurchased amount: 42,417,192.15 CET
(2) Address for daily repurchased：https://www.coinex.com/token
2. Burning details
(1) Burning Market Value: 3,451,959.17 USD
(2) To address:
https://www.coinex.net/tx/0xdcc4e749e85f82f1bb038dcea845e32fdaa447cd36897f2432cff8373afbbb58
3. CET details
Up to January 1, 2022, the records of CET repurchasing, burning and remaining are as follows:
Total Repurchased: 1,027,309,914.62 CET
Total Burning: 6,108,290,968.74 CET
Total Remaining: 3,830,485,599.00 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
January 1, 2022
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