Dear BitMart Users,
As stated the “Repurchase Mechanism” in our white paper, BitMart has used 20% of the income earned from trading fees from July 20th to August 19th to repurchase and burn 4,876,406.58 BMX (approx. 150,437 USD). The Repurchase Mechanism will continue until 500 million BMX are burnt, thus reducing the total supply of BMX.
You can check the burn records via the blockchain browser: https://etherscan.io/tx/0xed594a8cd8f6962f7ac20acf44777100fe57ed3b649b9a56404f30e6dbb08803
Thank you for your support!
September 13, 2018