uDEX: 18 million UUU related to "insider trading" with Binance employees will be destroyed with the assistance of Binance

2025-03-27 16:05:17
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ChainCatcher news, according to the official announcement from uDEX, the project has coordinated with all stakeholders and reached the following action plan aimed at eliminating market concerns and promoting the project's advancement:

  1. The development team's wallet (similar to a foundation) will be locked for 2 years;
  2. 149 million $UUU (accounting for 14.9% of the total supply) in the internal wallet will be used for community airdrops, partnerships, and liquidity provision, with all operations remaining transparent and implementing rolling locks;
  3. 500 million $UUU (accounting for 50% of the total supply) will be sent to a black hole address for permanent destruction, expected to be completed in the near future;
  4. 18 million $UUU related to insider trading will be destroyed with the assistance of Binance;
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