COS Token Burning #12 Announcement

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Published in
1 min readJun 29, 2023

Dear COSers,

Following our long-term burning plan for COS tokens, we will conduct our 12th token burning.

Token amount to be burned: 4,046,420

Token burning date: July 1st, 2023

Source of profit: Q2 2023 VEST Loans, Video NFT Minting Fees, COS.TV Ad Revenue, COS.TV Gifting Votes Revenue, Fans-Only Content Revenue

Total COS token supply after burning: 9,908,746,982.6

Token burnings will occur quarterly as the Contentos Foundation continues to receive COS tokens from VEST lending and more upcoming activities.

We will update the post once the burn transaction takes place.

Transaction: https://explorer.bnbchain.org/tx/9F0FD38962808DADF424FCB5140EC00910BC6F9817BE0686C104636DFB0CC6AE

*The next token-burning event will be conducted at the end of Q3 2023.*

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