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 58,046.74 ONUS bought back in the 34th governance cycle, ONUS has completed burning 15%, equivalent to 8,707.01 ONUS ($4,078.36).
34nd governance cycle burn transaction details: https://explorer.onuschain.io/tx/0xd91c3a0fb2da62b95d53a9a5f1ddfbbe4de43519fb71eff9b1c7c38b4bbe8a12/internal-transactions
To ensure transparency, all ONUS coin burning transactions will be publicly updated at: https://goonus.io/en/ONUS/
