The token removal for Q2 2019 is completed. We took out approximately 34 billion tokens (5 billion NPXS and 29 billion NPXSXEM tokens) from the total supply. The amount of the removal in this quarter is relatively high because we have included the amount of NPXS and NPXSXEM converted to FX tokens in May.
It’s equivalent to 23 million US dollars worth of value as of July 14, 2019. After the Q2 removal, the total supply of NPXS is now 261,834,927,333 and the total supply NPXSXEM is 67,725,825,820.
Here are the links of the execution hashes;
NPXS has removed 5,127,495,573 tokens from its total supply
NPXSXEM has removed 29,306,025,169 from its total supply
The total amount of NPXSXEM consists of the supply from 12 contracts. Here is the list of the removal taken place in their relevant contract addresses.
We will migrate NPXSXEM to Binance Chain soon. All 12 contracts of NPXSXEM will be merged.
NPXS and NPXSXEM removal history in the past 365 days
In the past 365 days, we’ve removed a total of 37.1 million US dollar worth of NPXS and NPXSXEM. The value of the removed tokens has exceeded what we’ve raised from our public token sale in January 2018, which was 35 million US dollars.
We will continue our mission to work with the blockchain developers, developing the ecosystem with NPXS/NPXSXEM utilization and make cryptocurrency to be used easily and accessible in our daily lives.