Re: [ANN][AAB] AAX - The World’s First Digital Asset Exchange by LSEG Technology

Can you tell more detail about the process of daily coinburns? How it will goes?

Thanks for the question

Built for aggressive price action, AAB will benefit from daily buybacks and coinburns funded by 100% of all trading fees earned by AAX on its futures markets. Any AAB bought back from the market will be permanently destroyed and auditable on the blockchain. This process will continue until 50% of the total supply of AAB is destroyed.

Do you think you can reach your target funds here? I think this is not a good time to sell your tokens as a lot of users have their own problems to address first. But if you are confident to pursue this project even without achieving your financial targets here, that's better. That means you have your own money to develop your exchange. Or do you have private investors that are willing to finance your developments?

We are confident in our abilities and ready for various developments. About our investors, it is a pleasure to have their support. To name a few, LinkVC, Consensus Lab, Collinstar Capital, we are in the process of confirming more. Please follow us closes on on aab.aax.com Wink