We're about to conduct the second-largest quarterly burn exceeding 150M EXM. What's exactly gonna happen.
28 Dec 2022, 14:11
We’re about to conduct the second-largest quarterly burn exceeding 150M EXM 🔥
What’s exactly gonna happen? 👀
On 3rd January 2023, we will be conducting a major burn of our EXMO Coin (EXM) token.
How many EXM will be burned? 🧐
It’s going to be the second-largest EXM burn, as we will utilise tokens received from EXMO Premium package sales and, additionally, 150 million unlocked EXM. We will also transfer another 16 million unlocked tokens to our staking fund.
How many EXM are currently in circulation? 🤓
With the last EXM burn that took place on 03rd October 2022, the total supply of EXMO Coin decreased to 219.7 million.
Why is this necessary at all? 🤨
Each burning event reduces the number of tokens in circulation, thereby raising the token’s price, even when demand remains unchanged. So don’t forget to keep track of EXMO Coin’s performance!
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28 Dec 2022, 14:12
Second largest quarterly burn of 150M+ $EXM
On 3rd January 2023, we’re gonna conduct a major burn of our #EXMO Coin. Each burning event reduces the number of tokens in circulation, thereby raising the token’s price. So don’t forget to keep track of EXM’s performance!
Second largest quarterly burn of 150M+ $EXM. On 3rd January 2023, we're gonna conduct a major burn of our #EXMO Coin.
Second largest quarterly burn of 150M+ $EXM
On 3rd January 2023, we’re gonna conduct a major burn of our #EXMO Coin. Each burning event reduces the number of tokens in circulation, thereby raising the token’s price. So don’t forget to keep track of EXM’s performance! https://t.co/oE3FJ5piAU