Back to News

Fourth Quarterly EXM Burning: Completed

On October 1st, 2020, we burned 2,951,875 EXM.

EXMO Changes

There is a simple price growth formula for EXM exchange token:

Decrease in supply + Increase in demand = Price Increase

According to EXMO Coin’s White Paper, starting in 2020, we commit to burning EXM tokens at the end of each quarter. This will be happening until 50% of the total turnover of issued tokens remains, that is, 1 billion EXM.

On October 1st, 2020, we burned 2,951,875 EXM.


About EXMO Coin (EXM)

EXMO Coin (EXM) is a token of the platform’s internal ecosystem, which is implemented on the Ethereum blockchain and compatible with all ERC-20 wallets. The introduction of the token into the platform’s ecosystem takes place in stages, for more details on the project’s tokenomics, click here.