Q1 2022 Token Removal Report

Pundi X (writers)
Pundi X
Published in
2 min readApr 18, 2022

Dear Pundians,

The token removal for Q1 2022 has been completed. We took out approximately 6,905 $PUNDIX and 65,926,543 $PURSE tokens from their respective supplies.

After the Q1 token removal, the total supply of PUNDIX is now 258,463,808.

The proof of execution is listed as follows
$PUNDIX Q1 2022 removal transaction: https://etherscan.io/tx/0xc74f59ac8b6fd91f6bb4f208cf6b9ef333fc6bd1ab2fac24b383c63dc6abfed8

https://etherscan.io/tx/0xc74f59ac8b6fd91f6bb4f208cf6b9ef333fc6bd1ab2fac24b383c63dc6abfed8

$PURSE removal amount is 65,926,543 in Q1 2022 as of 18 Apr 2022. You can always check the LIVE removal amount at https://pursetoken.com/

$PURSE removal is constant based on the “Burn, Distribution, Liquidity” (BDL) model after migrating to BNB Chain (previously named Binance Smart Chain). For every transfer to a non-whitelisted address, 10% of the transfer is burned, 5% goes into a redistribution pool to be distributed to all existing $PURSE holders, and 5% goes to the liquidity pool. You can receive PURSE distribution by staking your $PURSE. Here is how: https://medium.com/pursetoken/purse-staking-c5225275f6d7.

Please also note that $PURSE is not meant for trading or speculation. It’s a reward token that holders can redeem NFTs, XPOS devices, coupons and other services/products. Here is the Hope for Children NFT you can redeem with $PURSE for proof of donation NFT.

Q2 2022 quarterly token removal

Q2 2022 quarterly token removal will tentatively be in the second week of July and the schedule is subjected to change. To follow our compliance policy, we will only announce the token removal after we execute it.

Stay tuned for our latest announcements across our official social media channels (Twitter, Telegram, Facebook, Instagram, YouTube and Medium).

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