STDEX Q1–2020 Token Burn
1,500,000 STDEX tokens burned
STDEX Burn (tx here)
For this second quarterly burn, 1.5% of the total tokens coming from the company address (0xfd2069114c1c058768a782492dc66d65e1fcd0fe) have been destroyed.
The result is STDEX total supply was reduced from 98.5 million to 97 million. The tokens designated for burning were and will always be taken from company wallets.
The quarterly burn will continue until we reach our goal of reducing the STDEX total supply to 75 million. The next burning is scheduled for the end of Q2–2020.
Decentralized Regards,
fineTOKEN Management
What is STDEX and where can I use it?
STDEX is a token, based on the Ethereum blockchain technology. STDEX is our ecosystem currency for all services provided by fineTOKEN OÜ including
stableDEX decentralized exchange
STDEX loyalty rewards
STDEX can be used to trade, pay fees and to earn loyalty rewards.
Where can I trade STDEX?
STDEX token is listed on Citex, BitBlinx and stableDEX exchanges.
STDEX Token contract address: https://etherscan.io/token/0xdf44a80c17813789f60090638827aeb23698b122
Who is fineTOKEN?
FineToken OÜ is the provider of all services offered within the fineTOKEN ecosystem. fineToken OÜ is licensed by the Estonian FIU for providing services to exchange virtual currency against fiat currency (Licence number FVR000995) and providing virtual currency wallet services (Licence number FRK000887).
For more information, contact us directly at hello@stabledex.io
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