Dear WBF Exchange users,
WBF Exchange(Singapore) will destroy 50 million WT by January 15, 2020. WT is the platform token of WBF Exchange in Singapore. Its total supply is300 million that is never changed, and total circulation is 100 million, and the total lockup is 200 million pieces. The 50 million WT destroyed are among the total lockup amount. In addition, the WBF Exchange(Singapore) will officially launch the "WT buyback destruction" program from January 1 to 5, 2020. The destruction announcement of WT will be released in the near future. Please check it in the official website.
In order to ensure the economic ecology of extreme deflation and stimulate the long-term stable growth of WT, the exchange will spend 20% of the fee income every quarter to destroy WT.
Cryptocurrency investment is subject to high market risk. Please make your investments cautiously. WBF Exchange as a trading technology service provider does not undertake guarantee, compensation and other responsibilities for user’s investment.
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WBF Exchange team
December 14, 2019