Dear Coinfinit Community,
The Market Booster program of Queen Coin(QNC) has been designed to prevent QNC’s depreciation in value by reducing the circulation supply of QNC.
To limit the circulation of QNC, QNC shall be bought back and burned using maximum 50% of the transaction fee every week in the QNC/KRW market.
◎ Week 3 Market Booster Period : March 29, 2019 (Fri) ~ April 5, 2019 (Fri)
◎ Week 3 Total Trading Fee during the Market Booster Period : 3,143,938 QNC, 16,640,970 KRW
◎ Week 3 Market Booster Trading Fee (QNC) : 1,571,969 QNC
◎ Week 3 Market Booster Trading Fee (KRW) : 8,320,485 KRW
* Buyback Period : April 7, 2019 (Sun) ~ April 11, 2019 (Thurs)
* Token : Queen Coin(QNC)
* Average Price : 5.4 KRW
* Buyback Amount : 1,553,989 QNC
◎ Week 3 Market Booster Total Amount Burnt : 3,125,958 QNC
◎ Total Circulation Supply within the Coinfinit Exchange after burn : 583,220,510 QNC
◎ Queen Coin(QNC) Burn Transaction
- Burn Amount : 3,125,958 QNC
You may check the burn transaction of Queen Coin(QNC) with the Etherscan link above.
We have carried out QNC buyback and burn as specified above, QNC’s circulation supply will decrease by continuous buyback and burn through the Market Booster program.
We shall do our utmost to make members trade safely and enjoy many benefits which we offer.
Coinfinit - Unlimited Possibilities