🟢 WEMIX Coin Buyback Update – Phase 1 Completed 🟢
Greetings from the WEMIX Team.
As part of our efforts to restore trust and stability in the aftermath of the WEMIX PLAY Bridge incident, we are announcing the successful completion of Phase 1 of the WEMIX Coin Buyback initiative.
🔁 Buyback Period
March 14, 2025 – April 21, 2025
💰 Buyback Details
• Total Amount Spent: KRW 10,277,946,281
• Total WEMIX Purchased: 10,050,534.40 WEMIX
• Average Price: KRW 1,022.63 per coin
🔍 Verification & Transparency
An independent external accounting firm is auditing the buyback to ensure transparency and verify accuracy.
Due to varying exchange withdrawal policies, most purchased WEMIX coins currently remain within exchange wallets. Full withdrawal and transfer updates will follow.
📌 What’s Next?
• Final audit results and on-chain wallet transfers to be shared in upcoming updates.
• Phase 2 of the buyback—covering an additional 20 million WEMIX—will commence, with details to be announced upon completion.
At WEMIX, we believe transparency is the foundation of trust. This buyback is a supplementary measure, not a conclusion. Our priority remains clear: sustained growth and resilience of the WEMIX ecosystem.
Thank you for your continued support.
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