We have successfully completed a strategic burn of 114,900,000 $IXFI Tokens, equivalent to a total value of $2.18 Million. This action has permanently removed 2.3% of the total supply. For full transparency, the on-chain transaction can be verified on Etherscan.
This strategic move is part of our official Burn Program. The mechanics are simple and transparent: based on the company’s performance, a corresponding value in $IXFI Tokens will be periodically and permanently burned directly from the locked supply.
The ultimate goal of this program is to reduce the total supply from its original 5 Billion down to 2.5 Billion tokens. This means, over time, we are committed to permanently removing 50% of the total token supply. This approach is designed to create a healthier balance between supply and demand, which can help preserve the token’s long-term value for holders.
Our deflationary strategy is fundamental to strengthening the $IXFI Token as the foundation of a global fintech ecosystem. By systematically reducing the total supply, we aim to support the token’s sustainable growth and its real-world utility for years to come.
This is an ongoing commitment to the economic health of our ecosystem. More burns will follow.