Dear BitMart Users,
As stated the “Repurchase Mechanism” in our white paper, BitMart has used 20% of the income earned from trading fees from October 20th, 2020 to November 19th, 2020 to repurchase and burn 1,000,987.658199806 BMX (approx. 25,825 USD). The Repurchase Mechanism will continue until 500 million BMX are burnt, thus reducing the total supply of BMX.
We have completed this round of BMX burn. You can check the burn records via the blockchain browser: https://etherscan.io/tx/0x8a704077e7ee621fdadff52db81eb01880052f38b67bbbce8b808c9ad281656e
Thank you for your support!
February 14, 2021