Pundi X has removed USD 4.1 million worth of tokens from the total supply in Q3 2019
Per announced, the token removal for Q3 2019 is completed. We took out approximately 19 billion tokens (2 billion NPXS and 17 billion NPXSXEM tokens) from their respective total supplies. The amount of the NPXSXEM removal in this quarter is much higher because many NPXSXEM tokens were converted to FX tokens in June 2019.
The value of the total Q3 removal amount is equivalent to 4.1 million US dollars worth of value as of October 4, 2019. After the Q3 token removal, the total supply of NPXS is now 259,810,708,832.62 and the total supply NPXSXEM is 49,879,049,009.45.
Here are the links of the execution hashes;
2,024,218,500 NPXS tokens were taken out from its total supply permanently. https://etherscan.io/tx/0x33ae959f0f1c2f7e3968a8cbf4613f3f89126b38c2aa08a894c666560c65a191
17,821,776,810 NPXSXEM tokens were taken out from its total supply permanently. Starting from July 20, NPXSXEM is migrating to Binance Chain. You can check out the execution on Binance Chain.
If you have NPXSXEM on NEM blockchain (in Mosaic token) and want to swap for BEP2 tokens, here is the guide you can follow or you trade till June 29, 2020. After June 30, 2020, we will delist the NPXSXEM Mosaic tokens from all the exchanges.
41 million USD worth of tokens removed in a year
As the commitment to our community members, we have removed tokens in fiat value more than the amount we have raised from our public token sale, which is over 35 million USD in one year.
Going forward, we continue to build and increase token utilities while bringing more innovations to our products. As Pundians, please do not hesitate to give any constructive feedback to help us grow the project and achieve the goals together. Thank you for your support.