From the ONUS Shares v4.0 upgrade (applied from the 16th governance cycle), ONUS Shares has bought back and burned ONUS Coin as follows:
- Every day, the system will use 25% of profits for an automatic ONUS buyback.
- 15% of the ONUS quantity after BuyBack will be burned at the end of the cycle.
With the total amount of 62,867.31 ONUS bought back in the 33th governance cycle, ONUS has completed burning 15%, equivalent to 9,430.0965 ONUS ($4,425.54).
33nd governance cycle burn transaction details: https://explorer.onuschain.io/tx/0xcb2158cbd38c0edb9ffb616de1b26310ff208a13334dd5d5a114d649e64037a3/internal-transactions
To ensure transparency, all ONUS coin burning transactions will be publicly updated at: https://goonus.io/en/ONUS/
