BKEX Global started the weekly buyback and burning system of BKK on October 19, 2020, and completed the 51st buyback in secondary market from 00:00 on December 27, 2021 to 23:59 on January 2, 2022 (UTC+8). The details are as follows:
The buyback came from 70% of the handling fee of BKEX spot trading and and 10% of perpetual contract handling fee, with a total of 42,225 USDT. The total buyback volume in secondary market is 205,975.6 BKK.
All BKK tokens repurchased in this part is used for burning, and the burning address will be announced in the follow-up announcement. We welcome the supervision of users.
BKK, the BKEX platform token, is one of most important parts of ecology block of BKEX Global strategic deployment, and BKEX team will use 70% of spot trading handling fee and 10% of perpetual contract handling fee to buy back BKK tokens in secondary market and burn them, and we will announce all operations.
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