The Ubex project has conducted sixth Buyback and Token Burn

This article was first published on Ubex - Medium
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The Buyback feature entails that every quarter, the project will use 20% of its profits from transaction commissions to buy back UBEX Tokens and destroy them, until 50% of all UBEX Tokens are repurchased.

The amount of UBEX Tokens repurchased was 14,089,063 tokens, which is a result of a the record turnover we had this spring. The tokens were repurchased on various exchanges. The period of conducting the transactions was April 1 to 31, 2021. Tokens were burned on June 8, 2021.

After the buyback, the total supply of UBEX Tokens is 3 947 475 317 tokens.

The link to the burning address is the following:

https://etherscan.io/tx/0x687dc7ad827fc1d5e8cafc8ebb130d4f23bf2ab51d158b28bc3f1db70c3291be

The next buyback of UBEX Tokens is planned for July of 2021. More details will be announced in the near future. Stay tuned for more news and updates from Ubex.


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