WEEX Completes $2 Million WXT Buyback, Contract Mining Popularity Continues to Surge

BlockBeats News, December 16 — WEEX announced that the platform has completed a $2 million WXT buyback, totaling 72,571,028 WXT at an average buyback price of 0.027559 USDT/WXT. This WXT buyback aims to reward users for their support of the 'Contract Mining' activity. Since its launch on November 26, user participation in 'Contract Mining' has continued to rise. To allow more users ample time to participate and enjoy mining rebate benefits, the activity period has been extended to December 25. During the event, users who register and participate in contract trading can receive real-time fee rebates in WXT, with higher trading volumes leading to higher rebate rates, up to a maximum of 30%. Since its launch in July 2024, WXT has seen a peak increase of over 358%. The token has previously undergone three buyback and burn events, with a burn ratio exceeding 41.24%.