Dear BigONE users,
According to" Announcement on BigONE Repurchases and Destroys ONE"，BigONE has settled the profit of the ONE Ecosystem for the first quarter of 2021 on April 21, 2021.
As of April 21, 2021, we has repurchased 108,265,654 ONE in total from the second tier market and burned them.
For ONE Burning record, please refer to the link below：
From now on, we will still settle the projects' profit on ONE Ecosystem, and the profits will used to repurchase and burn ONE.
More details about ONE repurchasing and burning, we summarized for you as follows:
A. Total Issuance
After this round of burning, we has accumulated burned 7,418,848,235.608 ONE，the current total issuance of ONE is：12,581,151,764.392。Compared with the initial 20 billion total issuance, 37.09% of the deflation has been burnt.
B. Historical Burning Record
1. 「Community Voting Lists」Burnt：
- The 1st round of 「community voting lists」burned 49.71 million ONE
- The 2nd round of 「community voting lists」burned 16.2 million ONE
- The 3rd round of 「community voting lists」burned 8.6 million ONE
2. 「Repurchase with 100x Price Plan」And Burnt：
- The 1st round of「contribution」redeem pool burned 1 million ONE
- The 2nd round of 「contribution」redeem pool burned 1 million ONE
- The 3rd round of「contribution」redeem pool burned 1 million ONE
- The 4th round of「contribution」redeem pool burned 1 million ONE
- The 5th round of「contribution」redeem pool burned 1 million ONE
- The 6th & 7th rounds of「contribution」redeem pool burned 2 million ONE + additional 1 million ONE
- The 8th round of「contribution」redeem pool burned 1 million ONE
- The 9th round of「contribution」redeem pool burned 1 million ONE
- The 10th round of「contribution」redeem pool burned 1 million ONE
- The 11th round of「contribution」redeem pool burned 49,100 ONE
- The 12th round of「contribution」redeem pool burned 48,632 ONE
- The 13th round of「contribution」redeem pool burned 48,202 ONE
- 7/13/2020「contribution」redeem pool burned 43,883,408 ONE
- The 14th round of「contribution」redeem pool burned 35,672 ONE
- The 15th round of「contribution」redeem pool burned 32,130 ONE
- The 16th round of「contribution」redeem pool burned 43,177 ONE
- The 17th round of「contribution」redeem pool burned 35,458 ONE
- The 18th round of「contribution」redeem pool burned 29,489 ONE
- The 19th round of「contribution」redeem pool burned 29,560 ONE
3. Early Burnt：
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
- 8th time：4/21/2021，quarter profits repurchased and burned 108,265,654 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
C. 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 thank you for your long lasting support!
Apr 21, 2021