Dear MXCers:

MXC will be using the profits from trading fees of May 2021 to repurchase MX tokens from secondary market. The repurchased tokens will be burned on the last day of July 2021, following the voted plan by MXC communities since July 2019.

Starting from November 2019, MXC has also implemented “Buy-back & Burn” program on the MX tokens that our users had used to deduct trading fee.

Here are the specifics:

A total of 12,164,333.91 MX token was burnt in May, 2021.

The circulating part of FET locking will be burnt earlier than schedule time. There are 6,509,310.51 MX being burnt from the Circulating Supply, 5,655,023.4 MX being burnt from the FET locking and more to be burnt subsequently in the future.

Starting from May 2021, to better develop MX ecosystem,MXC will listen to community’ advises and come up with voting to decide the proper way to handle MX Team Locked MX token when MX circulating supply reach 100 million and FET locking is all burnt.

For more information, please stay tuned to our future announcement. 

FET Burn Address:

https://etherscan.io/tx/0x723ddabad0bce59733853a43bc7b3400ce47f6be8bdef498f3d58c103a8af7e9

Others Burn Address:

https://etherscan.io/tx/0xf9462aadb43ba194ca0bec771949266c15821bdb9bd36224a7f622ef72ccf700

After the burnt, the number of MX remained is 575,030,518.48 MX which consists of:

MX Team Locked: 450,000,000 MX

FET Locking: 25,030,518.48 MX

Circulating Supply: 100,000,000MX

MEXC Releases MX Buy-back & Burn Information of June, 2021

Dear MXCers: MEXC will be using the profits from trading fees of June 2021 to repurchase MX tokens from secondary market. The repurchased…

Address to check up to date MX Total Supply:

https://etherscan.io/token/0x11eef04c884e24d9b7b4760e7476d06ddf797f36

Follow us on our socials:

Telegram: https://t.me/MXCEnglish 

MXC trading: https://t.me/MXCtrade  

Twitter: https://twitter.com/MXC_Exchange 

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Facebook: https://www.facebook.com/mxcexchangeofficial/ 

Discord: https://discord.gg/zu5drS8

Medium: https://medium.com/MXCExchange

Instagram: https://www.instagram.com/mxc.exchange/

Refer a friend to enjoy a high rebate, create your personalized invitation link today: 

https://www.mxc.la/invite/rebate

Enjoy trading on MXC.

The MXC Team

June 3, 2021

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MEXC Releases MX Buy-back & Burn Information of July, 2021

Dear users, MEXC will be using the profits from trading fees of July 2021 to repurchase MX tokens from the secondary market. The…