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2024/06/19 Token Buyback Progress Report (Day 5)

crossentxent

Hello, we're XENT.


The foundation has completed related measures for the security issues that occurred on April 29.

Since then, the foundation has voluntarily created a preliminary damage relief fund corresponding to the hacker's frozen assets to prepare token buybacks.


The fund is currently being executed, and we will provide transparent and detailed information to users through daily reports until the 16th round.


[Token buyback status]

Total amount of funds: KRW 400,000,000

Fund Balance: KRW 274,707,508

Token holdings in accounts: 2,176,521.02362787 ENTC

Among the holdings, the amount of incineration: 1,668,342.78373999 XENT


The fund will be used to buy the market price until it is exhausted.

The incineration is planned to be carried out with XENT tokens, which will depend on the exchange's future resumption of swap and withdrawal support.


It will be an XENT project that prioritizes transparency and user communication.

Thank you.


(Existing Notice Log)

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