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 supply of QNC, QNC is bought back and burnt by using a maximum 50% of the transaction fee in the QNC/KRW market.
◎ Week 2 Market Booster Period : March 22, 2019 (Fri) ~ March 29, 2019 (Fri)
◎ Week 2 Total Trading Fee during the Market Booster Period : 2,076,548 QNC, 11,751,774 KRW
◎ Week 2 Market Booster Trading Fee (QNC) : 1,038,274 QNC
◎ Week 2 Market Booster Trading Fee (KRW) : 5,875,887 KRW
* Buyback Period : March 29, 2019 (Fri) ~ April 4, 2019 (Thurs)
* Token : Queen Coin(QNC)
* Average Price : 5.8 KRW
* Buyback Amount : 1,007,516 QNC
◎ Week 2 Market Booster Total Amount Burnt : 2,045,790 QNC
◎ Total Circulation Supply within the Coinfinit Exchange after burn : 586,346,468 QNC
◎ Queen Coin(QNC) Burn Transaction
- Burn Amount : 2,045,790 QNC
- Burn Transaction : https://etherscan.io/tx/0x7b81edb6e3366079c12d28c6de9e80dafddc5798bbf350466f6f6a94862bb372
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