Dear MAX user,
For the celebration of MAX Tokens anniversary, we will burn 49,910,000 MAX tokens (~10% of total supply) on October 20, 2020.
Burned tokens will be permanently removed from the total supply of MAX Token which reduces the amount of tokens that can enter circulation. By reducing the total supply of MAX token, it will become more scarce.
The total supply can be viewed here: https://etherscan.io/token/0xe7976c4Efc60d9f4C200Cc1bCEF1A1e3B02c73e7
- First burn: More than 90 million MAX tokens were burned on November 27, 2019. This amount represented close to 20% of total supply.
- Second burn: 50 million MAX tokens were burned on MAY 20, 2020. This amount represented close to 10% of total supply.
Thank you for your support
MAX Digital Asset Exchange