CoinDepo Announces Third Buyback & Burn Cycle
CoinDepo is continuing its quarterly Buyback & Burn program, allocating 20% of its quarterly net profit to repurchasing and permanently burning COINDEPO tokens.
Following the publication of our Q2 2026 Business Activity Report, we are moving forward with the third execution cycle of the program, scheduled for October 2026.
This marks another step in our long-term commitment to transparent and consistent tokenomics.
📊 Program Overview
Based on CoinDepo's Q2 2026 financial results, the company has allocated:
- Q2 2026 Net Profit: $1,735,219
- Buyback Allocation (20%): $347,044
The allocated funds will be used to repurchase COINDEPO tokens from the market during the upcoming execution period.
⚙️ Execution Details
- Total budget: $347,044
- Execution period: October 2026 (31 days)
- Start date: October 1, 2026
- Execution model: Structured buybacks across supported exchanges
- Outcome: Purchased tokens will be permanently burned
As in previous cycles, buybacks will be conducted progressively to support efficient execution and minimize unnecessary market impact.
Individual trade timing and allocations will not be disclosed in real time.
🔄 Buyback & Burn Process
The program follows an established process: COINDEPO tokens are purchased on exchanges, withdrawn to a dedicated wallet and transferred to a public burn address, permanently removing them from circulation.
🔍 Transparency & Reporting
Following the October execution period, CoinDepo will publish a detailed report covering the total funds spent, tokens purchased, average purchase price and completed burn transactions.
All completed burns will be independently verifiable on-chain.
Update on the previous cycle: The remaining 325,162 COINDEPO tokens purchased on BitMart are still awaiting withdrawal. They have not yet been burned. We will publish the corresponding burn transaction once these tokens become accessible and the burn is completed.
🚀 Looking Ahead
The third execution cycle continues CoinDepo's quarterly Buyback & Burn strategy.
By consistently allocating 20% of quarterly net profits to token repurchases and burns, CoinDepo continues implementing its long-term tokenomics commitments.
We will share the full results of the third cycle following its completion.
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