KCS Buy Back and Burn in the 3rd Fiscal Quarter
Dear KuCoin users:
Since the beginning of the ‘The People’s Exchange’, KuCoin has been widely accepted and recognized by users. We will continue our efforts and have increased our passion to provide users a more secure and convenient trading experience.
We are delighted to announce that we have executed the KCS buy back and burn in our 3rd fiscal quarter (April 2018 – June 2018) or Q2 2018. The details are as follows:
In accordance with our whitepaper, we have used at least 10% of profits from the 3rd fiscal quarter (Q2 2018) to buy back KCS from the market and burned 396,211 KCS
Transaction ID: https://etherscan.io/tx/0x54f8c63868faa3d6726c0afed218e79ddfdfb8aa32dc2410b0be59310e70e19d
Current KCS Total Supply: 180,334,365 KCS
Current KCS Circulating Supply: 90,334,365 KCS
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Thank you for your support!
KuCoin Team