CoinDepo Completes Second Quarterly Buyback & Burn

Transparency and consistency remain fundamental principles of CoinDepo's tokenomics. As part of our long-term commitment to the COINDEPO ecosystem, we have successfully completed our second quarterly buyback and burn, allocating 20% of the company's quarterly net profit to repurchasing COINDEPO tokens from the open market.

Following the completion of the buyback, all acquired tokens have been permanently removed from circulation, further reducing the total token supply.

📊 Buyback Summary

• Quarterly Buyback Allocation: $222,139
• Additional Funds from Previous Buyback: $6,867
• Total Buyback Execution: $229,006
• COINDEPO Purchased: 2,596,794 COINDEPO
• Status: ⏳ Burn in Progress (BitMart withdrawal pending)

Note: The total buyback allocation of $229,006 includes $6,867 carried forward from the previous quarterly buyback. This reflects CoinDepo's policy of rolling forward any unspent buyback funds into the next buyback cycle. 

🌍 Buyback Execution by Exchange

🔍 On-Chain Transparency

To ensure complete transparency, CoinDepo publishes every stage of the buyback process — from funding exchange trading wallets, to withdrawing the purchased tokens, and finally permanently removing them from circulation.

1️⃣ Exchange Funding

Funds were allocated to exchange trading wallets through multiple transactions during the buyback period.

MEXC

• Tx 1 — 0x9738...6673  
• Tx 2 — 0x0625...639d 
• Tx 3 — 0x2b8d...929a 
• Tx 4 — 0x37e3...769d  
• Tx 5 — 0xc7ed...eb61
• Tx 6 — 0xf8dd...8093
• Tx 7 — 0xbe4b...4cab
• Tx 8 — 0xc615...836d

BingX

• Tx 1 — 0x4615...acd7
• Tx 2 — 0x2edf...b399
• Tx 3 — 0x3ff8...50ec 
• Tx 4 — 0x71be...ee51
• Tx 5 — 0x4ea6...061f

BitMart

• Tx 1 — 0x11bd...4c20  
• Tx 2 — 0x1e73...c647 
• Tx 3 — 0x0d3a...acee
• Tx 4 — 0x41ab...21de 

WEEX

• Tx 1 — 0xb239...dd75

2️⃣ Exchange Withdrawals

MEXC (1,599,452 COINDEPO) – 0xa05f...9d00 
BingX (497,262 COINDEPO) – 0xabd0...2d5d 
BitMart (325,162 COINDEPO) – Pending
WEEX (174,918 COINDEPO) – 0x3164...b184 

Note: The BitMart withdrawal transaction is currently pending exchange processing. The corresponding burn transaction will be published immediately after the withdrawal is finalized. 

3️⃣ Burn Transaction

2,271,632 COINDEPO acquired during this buyback cycle have already been permanently removed from circulation.

Burn transaction – 0xf15e…861c

The remaining 325,162 COINDEPO are currently awaiting withdrawal confirmation from BitMart. Once the withdrawal is completed, the remaining tokens will be transferred to the burn wallet and permanently removed from circulation. This report will be updated with the final transaction hashes upon completion.

4️⃣ Updated Total Supply

The updated COINDEPO total supply can be independently verified on-chain.

👉 You can verify the updated total supply on the COINDEPO token page.  

📈 A Long-Term Commitment

The quarterly buyback and burn program is a permanent part of CoinDepo's long-term tokenomics.

Every quarter, 20% of the company's net profit is allocated to repurchasing COINDEPO tokens from the open market. Once the buyback is completed, all acquired tokens are permanently removed from circulation through an on-chain burn transaction.

This disciplined approach gradually reduces the total token supply while reinforcing CoinDepo's commitment to creating long-term value for the community.

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