BigONE Destroys ONE Repurchasing in the Third-quarter of 2020

Dear BigONE users,

According to BigONE Repurchase and Destroy ONE Plan, BigONE has calculated the 2020 third-quarter profit of ONE ecosystem on October 23, 2020. 

Until  October 23, 2020, we have repurchased and destroyed 190,213,903 ONE.

You can verify with the following link:

https://etherscan.io/tx/0x7780295aeddea37df64b50e6bc4e781615efe10ff918c2b559e44a4f27051ab4

We will continue to calculate the profits of ONE ecosystem every quarter to repurchase and destroy ONE.

More info about ONE destroyed is as follows: 

Total Supply：

After the first quarter's destruction, we’ve destroyed 7,112,203,706.079 ONE. The total supply now is 12,887,796,293.921 ONE. Compared to the initial 20 billion total supply, ONE has deflated by 35.56%.

Destruction Record

• 「Voting for Listing」Destroy

1. The first round of Voting for listing destroyed 49.71 million ONE 
2. The second round of Voting for listing destroyed 16.2 million ONE
3. The second round of Voting for listing destroyed 8.6 million ONE

• 「Repurchase with 100x Price」and Destroy

1. The First Round of Contribution Points Exchange Destroyed 1 million ONE 
2. The Second Round of Contribution Points Exchange Destroyed 1 million ONE
3. The Third Round of Contribution Points Exchange Destroyed 1 million ONE
4. The Fourth Round of Contribution Points Exchange Destroyed 1 million ONE 
5. The Fifth Round of Contribution Points Exchange Destroyed 1 million ONE
6. The Sixth & Seventh Round of Contribution Points Exchange Destroyed 2 million ONE +  Extra 1 million ONE
7. The Eighth Round of Contribution Points Exchange Destroyed 1 million ONE 
8. The Ninth Round of Contribution Points Exchange Destroyed 1 million ONE 
9. The Tenth Round of Contribution Points Exchange Destroyed 1 million ONE 
10. 43,883,408 ONEs will be destroyed in the ''Contribution Point'' exchange pool on July 13, 2020

• Early Destruction：

1. July 3, 2018, 1.1245 billion ONE destroyed
2. December 19, 2018, 5.3669 billion ONE destroyed

• Quarter Profit Repurchase and Destroy：

1. July 25, 2019, Quarter profit repurchase and destroy 34,925,813 ONE
2. October 17, 2019, Quarter profit repurchase and destroy 32,006,679 ONE
3. January 19, 2020, Quarter profit repurchase and destroy 41,401,274 ONE
4. April 11, 2020, Quarter profit repurchase and destroy 66,086,429 ONE
5. July 22, 2020, Quarter profit repurchase and destroy 106,578,980 ONE 
6. October 23, 2020, Quarter profit repurchase and destroy 190,213,903 ONE

• ONE Eco Fund Repurchase and Destroy：

1. August 12, 2019, repurchase and destroy 15 million ONE

Destruction Types

• 「Voting for Listing」Destroy: Destroy the ONE voted for the listed projects
• 「Repurchase with 100x Price」and Destroy: Destroy the ONE exchanged
• Quarter Profit Repurchase and Destroy: Destroy the ONE repurchased with quarter profits
• ONE Eco Fund Repurchase and Destroy: Destroy the ONE used to repurchase in order to build the ecosystem

There will be more destroy types in the future. Please wait patiently.

Based on the blockchain spirit and in order to achieve a win-win situation with our users, we will continue to provide better exchange services. BigONE is willing to work together with you to achieve the value realization of the blockchain and ONE!

BigONE, more than just asset security.

Best regards,

BigONE Team 

October 23, 2020