Dear users,

Based on the community voting result on MX Token 2.0 Proposals, MEXC has carried out the MX burn in Q1 2022.

Details are as follows：

• The number of MX tokens burnt in Q1 2022: 2,266,655 MX
• The burn address: https://etherscan.io/tx/0xc4c44bee4ef5f679255c486a1e140172fc1a2838a895da8280da298338c336a7

Details of the Plan:

New “Buy-Back and Burn” Program

MEXC will introduce a new “Buy-Back & Burn” Program. We will commit 40% of the MEXC platform profit to buy back and burn the MX Token from the market quarterly, with the goal of maintaining a circulating supply of MX Token at 100 million.

Learn more about MX Token 2.0: 
MEXC Releases the Result of MX Community Voting on MX Token 2.0 Proposals

MEXC has always placed a high value on the community's voice to develop the MX ecosystem better. We appreciate your valuable advice, and thank you for your support!

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Enjoy trading on MEXC.

The MEXC Team

19 April 2022