According to the agreement of "Newdex's existing income from Defibox protocol which takes 10% of their revenue will be converted into BOX tokens at one time (accounting for about 7.5% of Defibox's unreleased tokens)". Newdex received a total of 133222.8475 BOX today. The calculation formula is: (The total supply of BOX is 5,000,000 - 3,000,000 circulating supply - 223,000 burned)*7.5%, and has been sent to the designated account (box.newdex). Newdex has deposited all the received BOX into the Defibox BSS system 360-day deposit pool. The BSS income will be used to buyback and burn DEX. Further information, please pay attention to the burn announcement published by Newdex.
Thank you for your trust and support to Newdex.
August 15, 2022
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