WXT completes $2 million buyback! Contract mining remains popular, with a maximum fee rebate of 30%

【Blockchain Rhythm】It’s quite interesting. Recently, a major contract trading platform made a big move—spending $2 million to buy back WXT tokens, acquiring over 72.57 million tokens at an average price of 0.027559 USDT. Why do they do this? Simply put, it’s to thank users for their enthusiastic support during the “contract mining” event.

This mining activity has been running since November 26, and user participation has been extremely lively. Seeing this enthusiasm, the platform decided to extend the event until December 25, giving everyone enough time to continue mining benefits. The mechanism is quite straightforward—by signing up for contract trading, the larger your trading volume, the higher the WXT fee rebate ratio, which can reach up to 30%.

Looking at the performance of the WXT token itself is even more interesting. Since its launch in July last year, it has surged by over 358%, which is really impressive. Moreover, the platform has conducted three buyback and burn events, destroying over 41% of the WXT supply. This ongoing deflationary mechanism indeed helps support the token’s price. This buyback not only rewards users but also further promotes the reduction of supply.