4th Buyback & Burn

VaultCraft’s 4th VCX dual-burn cycle is complete

Mischa0X
VaultCraft
May 7, 2024

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The 4th buyback and burn PLUS burn matching is complete!

Highlights a/o May 7, 2024

  • 56.81 ETH (tx link) in VaultCraft revenue used to buyback 2,858,960 VCX
  • 2,954,220 oVCX matched to burn
  • 16,667,021 oVCX cumulatively redeemed
  • 2.90% of total minted VCX has been burned
  • Total VCX burned is now 25,083,699 (Etherscan)

[PIP-30] Create VCX burn to match oVCX redemptions

[VIP-34] Revenue to be used for VCX buybacks & burns

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