COS Token Burning #15 Announcement

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Published in
1 min readMar 31, 2024

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Dear COSers,

Following our long-term burning plan for COS tokens, we will conduct our 15th token burning.

Token amount to be burned: 2,613,775

Token burning date: March 31st, 2024

Source of profit: Q1 2024 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: 9,900,474,903.6

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/3CA8E96E06F4ED0D26000772A8FCDD5A7F44CE9D5F248B2EB52AD61A1A43B137

*The next token-burning event will be conducted at the end of Q2 2024.*

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