WEMIX

As part of the regular swap and burn being carried out on the GDAC Exchange for a stable supply of WEMIX, 3,000,000 WEMIX Classic was burned as follows.&gt; Burn Details ● Process: Burn 3,000,000 WEMIX Classic by transferring from the foundation’s Klaytn mainnet wallet to a dead wallet (<a href="https://scope.klaytn.com/account/0x32f7cd5319E7b2D7550519e9D3AC29061141e3D3?tabId&#61;txList" rel="noopener noreferrer nofollow">0x32f7…e3D3</a> ▷ <a href="https://scope.klaytn.com/account/0x000000000000000000000000000000000000dead?tabId&#61;txList" rel="noopener noreferrer nofollow">0x0000…dead</a>) ● Amount: 3,000,000 WEMIX Classic*Gas fees may incur for the burn transaction. ● Purpose: To burn the amount of retrieved WEMIX Classic corresponding to the amount of WEMIX provided to GDAC Exchange ● Impact on Circulation : The temporary increase in circulation with the retrieved 3,000,000 WEMIX Classic through the GDAC swap is normalized through the burning process. The retrieved WEMIX Classic was burned on the Klaytn chain. ● TX Hash: <a href="https://scope.klaytn.com/tx/0x5e6f0a92452e389d703012d397f3d5c78c1e61dccace4725ce3c2b57e6dde1c4?tabId&#61;tokenTransfer" rel="noopener noreferrer nofollow">0x5e6f0a92452e389d703012d397f3d5c78c1e61dccace4725ce3c2b57e6dde1c4</a>The WEMIX Team will keep striving for a transparent management of WEMIX and WEMIX Classic.Thank you.WEMIX Medium Announcement: <a href="https://medium.com/wemix-communication/wemix-classic-burn-3-000-000-wemix-classic-5b4691d38967" rel="noopener noreferrer nofollow">https://medium.com/wemix-communication/wemix-classic-burn-3-000-000-wemix-classic-5b4691d38967</a>WEMIX Communication Channels: <a href="https://twitter.com/WemixNetwork" rel="noopener noreferrer nofollow">Twitter</a> | <a href="https://medium.com/wemix-communication" rel="noopener noreferrer nofollow">Medium</a> | <a href="https://t.me/WEMIX_ANNouncement" rel="noopener noreferrer nofollow">Telegram</a> | <a href="https://www.facebook.com/WEMIXBlockchain/" rel="noopener noreferrer nofollow">Facebook</a> | <a href="https://www.reddit.com/user/WemixNetwork/" rel="noopener noreferrer nofollow">Reddit</a>

WEMIX Classic Burn (3,000,000 WEMIX Classic)

WEMIX

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WEMIX Classic Burn (3,000,000 WEMIX Classic)

WEMIX

Other articles published on Feb 28, 2023

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