Dear PrixBit members,
We will open up a new chapter in the cryptographic exchange where all participants will benefit from the more advanced mining formula and shared economy.
For PRX value growth, the PRX tokens which were supposed to be released to PrixBit company at the end of May is burned.
In the Whitepaper,
"The PRX held by Prixbit Exchange is all locked initially and then released after the exchange is opened, with 3,000,000 PRX lockups being released each month. The company will utilize the unlocked volume to make incentives for PrixBit employees and future development of the Exchange."
Burn: 3,000,000 PRX
There is no additional PRX circulation within the PrixBit due to the incineration.
Burn TXID: https://etherscan.io/tx/0x9fe5b53c874553a0541771ee4439f2d3e5b7e4a3737cd78a3d42b7165d55ee5a