Burning 11/2021: Buyback and burn 315,510 ONUS

As stated in the Whitepaper, to help increase the value of ONUS tokens and share revenue with investors, ONUS team commits to spending 20% of profit every month to buy back ONUS from the market and burn them until only 50% of the circulating supply remains.


According to this policy, in November 2021, ONUS used 20% of the revenue in October to buy back and burn ONUS tokens. Specifically, 315,510 ONUS (on the KardiaChain network) have been burnt, equivalent to $198,771 – 4.5 billion VND.

November 2021 ONUS burn transaction details: 

https://explorer.kardiachain.io/tx/0x44fc8eeafc370cfd370c674922f6b03e75ed86acfc9480d7a1aa0020b1f9b4ae

To maintain transparency, all ONUS token burn transactions will be publicly updated at: https://goonus.io/en/ONUS

About ONUS token

ONUS Token is a utility token used in the entire ONUS ecosystem, including paying/reducing transaction fees, mortgage and repaying loans, participating in Staking/Farming, becoming a VIP user/business partner, participating in the program’s Launchpad, and voting on ONUS decisions.

ONUS’s smart contract has been thoroughly audited by Certik before officially deploying on blockchain networks: Ethereum, Binance Smart Chain, and KardiaChain.