Dear CoinEx users,
According to the CET applications, CoinEx has conducted the 1st Monthly CET Repurchase & Burning in 2022. 59,443,862.94 CET in total were repurchased and then burnt on February 1, 2022.
1. Repurchase details
(1) Repurchased amount: 59,443,862.94 CET
(2) Address for daily repurchased：https://www.coinex.com/token
2. Burning details
(1) Burning Market Value: 3,475,691.32 USD
(2) To address:
https://www.coinex.net/tx/0x6fe430ab3cf20b4aec12a8e7f9a40c76424a274bfe9913720808881c31624440
3. CET details
Up to February 1, 2022, the records of CET repurchasing, burning and remaining are as follows:
Total Repurchased: 1,086,753,777.56 CET
Total Burning: 6,167,734,831.68 CET
Total Remaining: 3,771,931,830.00 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
February 1, 2022
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