$PUMLx: A Milestone Reached with Buyback and Token Burn

It has been an incredible journey since our $PUMLx Token Generation Event, and we are excited to inform you about significant developments that have taken place over the past nine months.

Reaching the Final Vesting Stages

As of this month, we have officially completed nine months since the Token Generation Event, and we are now approaching the final vesting stages as we move closer to the twelve-month mark. The progress we’ve made in these nine months has been remarkable, and we owe it all to our fantastic community that has supported us throughout this journey.

Token Unlock and Supply Update

We are delighted to announce that 56,142,858 (60M minus burns) $PUMLx tokens have been successfully unlocked and are now in circulation. This brings the total circulating supply to 56,142,858 (60M minus burns), an increase from the previously known 27 Million. We expect CoinMarketcap and CoinGecko to update this information shortly to reflect the accurate supply.

Buyback and Burn

In line with our commitment to enhancing the value of PUMLx for all our investors and token holders, we have taken two significant actions. Firstly, we have carried out a buyback of 1 Million $PUMLx tokens. Secondly, as promised when we reached our target of 1 Million PUML token sales in our inApp marketplace, we have executed a token burn on Sunday, 30th July.

The buyback was successfully completed with the purchase of 300K $PUMLx tokens from Uniswap and 800K $PUMLx tokens from KuCoin. You can verify these transactions on the Ethereum blockchain using the following links:

- Buyback from Uniswap: https://etherscan.io/tx/0xa102c04f2e3b447b3fea7ab37b20a197e02879866fad6b5be078e538fc2fd473
- Buyback from KuCoin:
https://etherscan.io/tx/0xe276a0180b29555723a54e68faba940fe3fee78bb5c45586b038bc6330eb4fad

Token Burn Details

The token burn was carried out on 1 Million $PUMLx tokens, effectively reducing the total supply. You can view the transaction confirming the burn on the Ethereum blockchain using the following link:

- Token Burn Transaction: https://etherscan.io/tx/0xb542cc0de732c1e2ed7e6b144b970492075f75bad6047b3466f0c244ddad66c3

Following the successful buyback and token burn, the new circulating supply of PUMLx is now 56,142,858 (60M minus burns), and the maximum supply has been adjusted to 495,142,857.99 PUMLx.

Vesting Update

We would also like to provide an update on the vesting schedule for our top 6 holders. As we approach the final vesting stages, the top two holders and their respective allocations are as follows:

1. Ecosystem Fund — 30%
2. Better Health DAO — 25%

The vesting schedule ensures a controlled release of tokens to these holders, promoting a healthy and stable token distribution that aligns with our long-term vision for PUMLx.

Market Cap and Future Outlook

We are delighted to share that our market cap has seen significant growth, and we owe this accomplishment to our loyal community and the continuous development and enhancement of our app and ecosystem.

The future looks promising as we focus on expanding the PUML health and wellbeing app, introducing exciting features, and forging strategic partnerships within the crypto, corporate and health industries.

Once again, we extend our heartfelt gratitude to our community for the incredible support you’ve shown us on this journey. Together, we will continue to revolutionise the health and wellbeing landscape through the power of blockchain and the PUML app.

Stay tuned for more updates and exciting developments in the coming months!