COS Token Burning #3 Announcement
Published in
Mar 29, 2021
Dear COSers,
Following our long-term burning plan for COS tokens, we will conduct our 3rd token burning later today.
Token amount to be burned: 9,000,000
Transaction:
https://explorer.binance.org/tx/6E5AD75D840C408BF883DCADF4827642BBBE8331E0B94024D7E0585E626672AF
Source of profit: VEST Loan Bidding Fees, Video NFT Minting Fees, COS.TV Ad Revenue
Total COS token supply after burning: 9,990,144,694.6
Token burnings will occur quarterly as the Contentos Foundation continues to receive income from VEST lending and more upcoming activities. We look forward to boosting the value of the Contentos ecosystem with our active community participants.
We will update the post once the burning transaction takes place.
