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Dear BitMart Users,
As stated the “Repurchase Mechanism” in our white paper, BitMart will use 20% of the income earned from trading fees from September 20th to October 19th to repurchase and burn BMX tokens with records released later. The Repurchase Mechanism will continue until 500 million BMX are burnt, thus reducing the total supply of BMX. You will be able to check the burn records via the blockchain browser once complete.
Thank you for your support!
BitMart Team
October 23, 2018
For more details, please visit our official website announcement:
https://support.bitmart.com/hc/en-us/articles/360010993054-BitMart-Will-Start-The-4th-Monthly-BMX-Burn