Dear BigONE users,
BigONE has burned the ONE tokens exchanged with the latest two 「Contribution Points」, the burn amount is 38,396. For more details please refer to:
The 20th BigONE「Contribution Points Exchange Pool」has been completed, The 21st BigONE「Contribution Points Exchange Pool」redemption has been completed
For the burning record, please refer to:
1. Total Issuance Situation
After the completion of this burning, we have burned 7,418,886,631.608 ONE in total, and the current total supply amount of ONE is: 12,581,113,368.392. Compared with the initial total of 20 billion, ONE has deflated by 37.09%.
2. Historical Burning Record
1. 「Community Voting Lists」burnt:
- The 1st「Community Voting Lists」Burned 49,710,000 ONE in total
- The 2nd「Community Voting Lists」Burned 16,200,000 ONE in total
- The 3rd「Community Voting Lists」Burned 8,600,000 ONE in total
2. 「Repurchase with 100x Price Plan」and burnt:
- The 1st round of「contribution」exchange pool burned 1 million ONE
- The 2nd round of 「contribution」exchange pool burned 1 million ONE
- The 3rd round of「contribution」exchange pool burned 1 million ONE
- The 4th round of「contribution」exchange pool burned 1 million ONE
- The 5th round of「contribution」exchange pool burned 1 million ONE
- The 6th & 7th rounds of「contribution」exchange pool burned 2 million ONE + additional 1 million ONE
- The 8th round of「contribution」exchange pool burned 1 million ONE
- The 9th round of「contribution」exchange pool burned 1 million ONE
- The 10th round of「contribution」exchange pool burned 1 million ONE
- The 11th round of「contribution」exchange pool burned 49,100 ONE
- The 12th round of「contribution」exchange pool burned 48,632 ONE
- The 13th round of「contribution」exchange pool burned 48,202 ONE
- 7/13/2020「contribution」exchange pool burned 43,883,408 ONE
- The 14th round of「contribution」exchange pool burned 35,672 ONE
- The 15th round of「contribution」exchange pool burned 32,130 ONE
- The 16th round of「contribution」exchange pool burned 43,177 ONE
- The 17th round of「contribution」exchange pool burned 35,458 ONE
- The 18th round of「contribution」exchange pool burned 29,489 ONE
- The 19th round of「contribution」exchange pool burned 29,560 ONE
- The 20th round of「contribution」exchange pool burned 27,345 ONE
- The 21st round of「contribution」exchange pool burned 11,051 ONE
3. Early burnt:
- 7/3/2018,burned 1.1245 billion ONE
- 12/19/2018, burned 5.3669 billion ONE
4. Quarter profits repurchase and burning:
- 1st time:7/25/2019,quarter profits repurchased and burned 34,925,813 ONE
- 2nd time:10/17/2019,quarter profits repurchased and burned 32,006,679 ONE
- 3rd time:1/19/2020,quarter profits repurchased and burned 41,401,274 ONE
- 4th time:4/11/2020,quarter profits repurchased and burned 66,086,429 ONE
- 5th time:7/23/2020,quarter profits repurchased and burned 106,578,980 ONE
- 6th time:10/23/2020,quarter profits repurchased and burned 190,213,903 ONE
- 7th time:1/31/2021,quarter profits repurchased and burned 196,002,053 ONE
5. ONE eco funds repurchase and burning:
- 8/12/2019,repurchased and burned 15 million ONE
6.「ONE Haemony-Old Pal Premium」repurchase and burning:
- 9/20 ,burned 3,232,698.99 ONE
- 10/8,burned 1,735,434.089 ONE
- 10/30,burned 1,186,823.529 ONE
- 11/19,burned 984,513 ONE
3. Burning scenarios
- 「Community Voting Listing」Burning:burning ONE generated from users who used to vote for the projects listed on BigONE of each round of「community voting to list」.
- 「Repurchase with 100x Price Plan」and Burning:burning ONE generated from users redemption in the redeem pool of each round.
- Quarter Profits Repurchase And Burning:burinng ONE generated from purchasing with a part of eco profits of which were purchased by ONE.
- ONE Eco Funds Repurchase And Burning:burn those ONE repurchased to build ONE ecosystem
With the development of the ONE ecosystem, there will be more burning scenarios in the future, so stay tuned.
Adhering to the concept of "reshaping the spirit of the blockchain and cooperating with users for a win-win situation", we will continue to provide users with a faster and smoother transaction experience, richer and diverse business scenarios, and more detailed and comprehensive security guarantees. BigONE is willing to work hand in hand with users to achieve the realization of the value of the blockchain and the return of the value of ONE!
BigONE, more than just asset security.
Best,
BigONE Team
June 1, 2021
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