We're about to conduct the third-largest quarterly burn exceeding 150M EXM. What's exactly gonna happen.
05 Jul 2023, 15:01
We’re about to conduct the third-largest quarterly burn exceeding 150M EXM 🔥
What’s exactly gonna happen? 👀
On 7th July 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 third-largest EXM burn, as we will utilise tokens received from EXMO Premium package sales and, additionally, 150 million unlocked EXM.
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!