The Ubex project has conducted eighth Buyback and Token Burn
The Buyback feature entails that every quarter, the project will use 20% of its profits from transaction commissions to buy back UBEX Tokens and destroy them, until 50% of all UBEX Tokens are repurchased. The amount of UBEX Tokens repurchased was 7,911,457 tokens, which is a result of a the turnover we had this quarter. The tokens were repurchased on various exchanges. The period of conducting the transactions was October 1 to 31, 2021. Tokens were burned on October 30, 2021.