I thought it would be good to start a thread about the first Safex migration milestone - 10% of the Safe Exchange Coin supply has been burned and in the process of airdropping Safex Token and Safex Cash to the relevant Safex Blockchain addresses.
Here are some quick stats!
- At the time of writing this, 231,596,138 Safe Exchange Coins have been burned
- Based on the current market price at Trade Satoshi – this is a little over $2m worth of Safex
- A total of 965 burn transactions have been performed
- Excluding the developer test transaction – it’s closer to 930 burn transactions
- This gives us an average of almost 250K Safe Exchange Coins burned per transaction
- The migration so far has been responsible for 2,260 transaction on the Bitcoin Blockchain
- A rough average of 582 Safex Cash has been airdropped per migration transaction
- A total of 539,227 Safex Cash has been allocated to airdrop receivers so far
Just some fun quick stats. Here is to the next milestone – 25%!
For those who are unfamiliar with the migration process - here is a useful video: https://www.youtube.com/watch?v=Kw9QhVimoyY