The BIX that has been burnt is comprised of two parts, namely monthly BIX burn and quarterly BIX burn. Please refer to the link at the bottom of this announcement for more details.
Bibox has completed BIX repurchase and burn plan for September and the third quarter of 2019.
The amount of monthly BIX burn for September of 2019 (from 8/23/2019 to 9/30/2019 GMT+8) is 320,518 BIX, which includes incentive reward and contract mining repurchase and burn.
The amount of quarterly BIX burn for the third quarter of 2019 is 909,751 BIX.
Thus, the total amount of BIX burnt this time is 1,230,269 BIX, with a total of 10,790,940 BIX burnt so far, which accounts for approximately 10% of BIX circulating amount.
We will continue to increase BIX application scenarios and activities to give back to our community for the support and encouragement we received along the way.
Thank you for supporting Bibox.
Bibox Official Channels