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Fourth Quarterly EXM Burning: Completed
On October 1st, 2020, we burned 2,951,875 EXM.
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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.