Hello Binance, I am considering investing in Binance Coin. I therefore have a few questions:
Where do you publish the quarterly figures on turnover, profit and coin bybacks?
What happens to the other 80% of the profit that is not used for the buybacks?
And how are the profits used when the buyback limit of 100 million coins has been reached?
I hope you can answer these questions for me. I haven't found anything on the net yet. Thank you.
Hi sevenseals. We publish quarterly burn figures on our blog, the latest one being at https://medium.com/binanceexchange/binance-q5-recap-3b8bd84703f0 (In the future, we post on binance.com/en/blog.)