Thank you for always using CROSS exchange.
We would like to share information on the September Fund Report and burning of the CROSS exchange Fund assets.
【September Fund Utilized funds】
【XEX Burned Quantity】
【XEX Burning Scheduled Date】
As announced, the Fund assets will be used to buyback XEX from the market and burn the full amount, making them inaccessible indefinitely. The XEX circulating supply will decrease thus increasing its scarcity.
After the completion of the XEX burning, the latest information will be updated on the daily report “Fund Shared Assets” on CROSS exchange’s website. Details of the XEX burning will also be verifiable on Etherscan.
With the CROSS exchange Fund Program, we will continue to use the Fund assets consistently and take measures for everyone who owns XEX.
Thank you for your continued support.