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MEXC Launchpad is here - Let's celebrate with ForeProtocol🔥
Hold at least 1,000 $MX to be qualified for the $FORE airdrops!
📷Snapshot Period: 30 days before Jun 24, 16:00 (UTC) 📈 $FORE/USDT listing: Jun 30, 13:00 (UTC)
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MEXC Exchange Launches "Exchange Small Account Balance to MX" Function
To bring you a better trading experience and meet your diversified trading needs, MEXC is launching a new function for users to convert their small assets to MX. Here’s a step-by-step tutorial on how to start converting:
Step 1: Visit MEXC’s official website [www.mexc.com or www.mexc.io] and log in to your account. Click [Assets] - [Exchange small assets for MX]
Step 2: Check the assets that you wish to be converted to MX and click [Exchange] to proceed. To check on your conversion history, click on [Exchange records].
Notes:
Small assets can only be exchanged once every 24 hours.
Unlisted/Delisted tokens are excluded from the exchange.
The conversion value suggested by the system is an estimation. The exact amount received will be according to the market price at the time of the click that confirms the exchange.
Only 10% fluctuation in price will be allowed for the exchange.
MEXC Exchange Released MX Buy-back & Burn Information of May, 2021
MEXC Exchange used the profits from trading fees of May 2021 to repurchase MX tokens from secondary market. The repurchased tokens was burned on the last day of July 2021, following the voted plan by MEXC communities since July 2019.
Starting from November 2019, MXC has also implemented “Buy-back & Burn” program on the MX tokens that our users had used to deduct trading fee.
Here are the specifics:
A total of 12,164,333.91 MX token was burnt in May, 2021.
The circulating part of FET locking will be burnt earlier than schedule time. There were 6,509,310.51 MX being burnt from the Circulating Supply, 5,655,023.4 MX being burnt from the FET locking and more to be burnt subsequently in the future.
Starting from May 2021, to better develop MX ecosystem,MEXC listened to community’ advises and come up with voting to decide the proper way to handle MX Team Locked MX token when MX circulating supply reach 100 million and FET locking is all burnt.
For more information, please stay tuned to our future announcement.
FET Burn Address:
https://etherscan.io/tx/0x723ddabad0bce59733853a43bc7b3400ce47f6be8bdef498f3d58c103a8af7e9
Others Burn Address:
https://etherscan.io/tx/0xf9462aadb43ba194ca0bec771949266c15821bdb9bd36224a7f622ef72ccf700
After the burnt, the number of MX remained is 575,030,518.48 MX which consists of:
MX Team Locked: 450,000,000 MX
FET Locking: 25,030,518.48 MX
Circulating Supply: 100,000,000MX
Address to check up to date MX Total Supply:
https://etherscan.io/token/0x11eef04c884e24d9b7b4760e7476d06ddf797f36
