2018–09–16 ExCraft Daily Token Burn Announcement

ExCraft Exchange
ExCraftExchange
Published in
1 min readSep 17, 2018

We here at ExCraft bring this daily update along with a “Thank You”. It is only with the community’s continuous support that we can ensure the growth and success of the ExCraft Exchange. The ExCraft Team will make every effort to provide our users with regular updates and insight into the exchange’s infrastructure. As a reminder, no less than 80% of the daily transaction fees on ExCraft are utilized to buy-back EXT, the native token on ExCraft. On August 15th 2018, ExCraft opened the trading function for and the purchase of EXT tokens.

From 00:00 September 15th 2018 to 24:00 September 15th 2018 HK time, the total transaction amount on ExCraft were 692.246 BTC (equivalent value at current exchange market price), the number of transaction fees collected on ExCraft were 1.384493 BTC , of which 1.107594 BTC had been used to repurchase 1020509 EXT between 00:00 September 16th 2018 and 24:00 September 16th 2018. All EXT procured by this platform function have been sent to a black hole address as part of the exchange’s token destruction process.

Destroyed Smart Contract: 0x19c630bb6d3e7c2cfe77e2a73627c9bee2db8ac5

TXID: 0xe405d176d55dc23999232bdb293a6204b30275ee4c97ac43854710bd74b6c73c

Once again, thank you very much for your kind support. Customer feedback is appreciated.

ExCraft Team
September 17th 2018

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ExCraft Exchange
ExCraftExchange

ExCraft is a cloud-native cryptocurrency exchange based in Hong Kong that implements microservices to achieve a highly secure and high-performance architecture.