LGO Group Announcements
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If you are interested in attending AMA with Hugo Renaudin, it will be happening next Monday, August 3rd, at 11 AM NY time! We will be hosting AMA on Discord. Please join our Discord server - https://discord.gg/mkMZfxX
[BREAKING] Our OTC web platform and OTC API are now live!
You can now trade against our OTC desk electronically, 24/7/365.

If you'd like to get access to the LGO OTC platform, please reach out to our team.

https://lgo.group/blog/release-of-the-lgo-otc-platform/
Hi everyone,

July LGO Burn Update

TLDR; there will be no buyback corresponding to the fees generated before the buyback bot went live mid July, but there will be a burn of part of the tokens that were bought by the bot during the second half of the month.

For the first part of the month, when the buy back bot was not live yet
As discussed we've computed the net fees and buyback metrics for the first half of  july (when the buyback bot was not active). That's from july 1st 00.00am UTC to July 14th 23.59pm UTC.

Volume:  $17,051,071
Gross Fees: $8,526
Net fees:  -$958
To buy back: 0$
As you can see, the net fee amount is unfortunately negative, which means there will be no bulk buyback event for the first part of July.

Now burn figures for the whole month
July 1st 00.00am UTC to July 31st 23.59pm UTC
Volume: $50,198,863.79
Gross Fees: $25,099
Net fees (USD): $6,132
To burn: $1,533

Because all LGOs to burn (and more) were bought by the buyback bot, we need to compute the average cost of 1 LGO token for the month for the bot. This average cost is $0.0337 which means that we'll burn 45,542 LGO tokens this month

A lot of information, please let us know if it's not clear. To ask questions, please join our Discord server!
If you are interested in attending AMA with Hugo Renaudin, it will be happening tomorrow, at 11 AM NY time! We will be hosting AMA on Discord. Please join our Discord server - https://discord.gg/mkMZfxX
We will be hosting AMA this Wednesday, August 26th, at 10 AM EST with Hugo Renaudin and Charles Couillard to discuss Liquidity Rewards program! Please join our Discord server to ask any questions you may have! https://discord.gg/mkMZfxX
Check it out ! And don't forget, the LGO liquidity rewards program starts on August 27th at 10am UTC. You can DM LGO's Community Manager for any questions you may have, @cryptoswithcam https://www.pools.fyi/#/liquidity/0x02cde6be34a59ff01aa532d56956a3c339c26322
It's time to swap your $LGO to $VGX 2.0 🎉

Web swap portal is now open
Easily swap $LGO & stake your $VGX 2.0

Stay tuned for more updates!

https://vgx-swap.investvoyager.com