Bytom Foundation has completed the Eighth coin burn in 2020

BytomDAO
BytomDAO
Published in
Feb 7, 2021

Bytom Foundation has completed the Eighth coin burn, using 20% of the trading fees from MOV MagnEx and flashSwap to buy back and coin burn of $BTM.

According to MOV data center statistics (https://mov.blockmeta.com/), the trading fee for each coin in January are:

521681.281954 BTM, 7.206528 ETH, 0.131731BTC, 8.172292 LTC, 5707.862295USDT, 48.133535 SUP

As a result 20% trading fees are:

104,336.26 BTM, 1.44 ETH, 0.03 BTC, 1.63 LTC, 1,141.57 USDT , 9.63 SUP

converted according to market prices, a total of 167,831.96 BTM should be burned this month.

More details:

Coin burn transaction ID: https://blockmeta.com/tx/36e3247d57cbac624d8bddb1660fe9598f4a89c39e009f046dc5b6f03cf0a5db

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