#4 BBB Summary
The amount of BTC used to buy back in the amount of 9.18252481 BTC, which comes from mining profit from 1 August-31 August 2018
#4 Buy Back Strategy
Buyback Exchange Pair
1. BX.in.th with ZMN/THB
2. Livecoin.net with ZMN/BTC
Buyback order at BX.in.th
06:01-10:00 : Place buy order of 1,000,000ZMN at 1.50THB per ZMN
Buyback order at Livecoin.net
14:01-23:59 : Cancel above order, place buy order with all remaining buyback fund at Market Order (best available rate).
#4 BBB Result
Price chart in BX.in.th is increased from 1.04 THB/ZMN to 1.14 THB/ZMN
Price chart in Livecoin.net is increased from 460 satoshi/ZMN to 560 satoshi/ZMN
The amount obtained from the BBB is 1,700,341.3169501 ZMN, representing 1.26% of Circulate Supply.
Amount of token from BX.in.th is 1,325,971.3169501 ZMN and token from Livecoin.net is 374,370.00 ZMN
Which tokens at Buy Back is divided into 3 parts;
Part 1 total amount is 850,170.65847505 ZMN (50%) will be burned
Part 2 total amount is 680,136.52678004 ZMN (40%) will be distributed to MasterQueue
Part 3 total amount is 170,034.13169501 ZMN (10%) will be distributed to ST Rewards around @1, @2
#4 Burnt Tokens
TxID Status
https://etherscan.io/tx/0x40236226d7490e4fad616e3871722b7608113f53ae9a69a7683db88528eac83e
Token supply before burning is 784,762,169.79 ZMN
Token supply afterburn is 783,911,999.13 ZMN