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Updates on Q1 2025 MX Token Buyback and Burn
We are pleased to announce that based on the community voting results of the MX Token 2.0 Proposal, MEXC has completed the MX burn for Q1 2025.
Details are as follows：
- Total MX tokens burned in Q1 2025: 2,206,000 MX
- Burn Address: https://etherscan.io/tx/0x258ebc43a4f888ebdc382293e9e54b11190c31c28ad96ddd3a98d3c40653ec5d
New Buyback and Burn Plan:
- Each quarter, MEXC will allocate 40% of platform profits for market buybacks and the burning of MX tokens to maintain a circulating supply of 100 million MX tokens.
About MX Token 2.0:
Discover the future of MX token and its upgraded ecosystem: Learn More
MEXC deeply values community feedback and remains dedicated to incorporating it to drive the continuous growth and enhancement of the MX ecosystem. Together, we are building a stronger, more sustainable future for MX.
Thank you for your valuable insights and unwavering support.
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