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 4 Market Booster Period : April 5, 2019 (Fri) ~ April 12, 2019 (Fri)
◎ Week 4 Total Trading Fee during the Market Booster Period : 1,444,241 QNC, 8,705,276 KRW
◎ Week 4 Market Booster Trading Fee (QNC) : 722,121 QNC
◎ Week 4 Market Booster Trading Fee (KRW) : 4,352,638 KRW
* Buyback Period : April 12, 2019 (Fri) ~ April 18, 2019 (Thurs)
* Token : Queen Coin(QNC)
* Average Price : 4.7 KRW
* Buyback Amount : 925,167 QNC
◎ Week 4 Market Booster Total Amount Burnt : 1,647,288 QNC
◎ Total Circulation Supply within the Coinfinit Exchange after burn : 581,573,222 QNC
◎ Queen Coin(QNC) Burn Transaction
- Burn Amount : 1,647,288 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