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BugsCoin (BGSC) Supply Structure & Burn Decision Announcement
Hello, This is Inbum Cho, Founder of BugsCoin (BGSC).
We would like to provide a clear and transparent explanation regarding the BGSC supply structure and the large-scale token burn decision effective January 5, 2026.
1️⃣ BGSC Issuance Structure (No Minting Capability)
BugsCoin was issued with a fixed total supply of 100 billion BGSC at genesis.
The token was designed with no minting functionality, meaning additional or unlimited issuance is structurally impossible.
This can be independently verified by anyone through the CertiK security audit report.
👉 CertiK BGSC Audit (https://t.co/kEMyNOCIjs)
In short, BGSC is a strictly fixed-supply token with zero future issuance risk.
2️⃣ Previous Burn History & Structural Limitations
Throughout 2025, multiple burn events were conducted to stabilize token value.
However, despite these efforts, we concluded that the absolute scale of the total supply itself continued to exert negative pressure on market valuation.
As a result, the team determined that a more fundamental and structural supply reform was necessary.
3️⃣ January 5, 2026 — Full Burn of All Non-Circulating Supply
As of January 5, 2026:
All BGSC tokens except those currently in circulation will be permanently burned.
📊 Circulating Supply (Based on CoinMarketCap)
Current circulating supply: ~11.5 billion BGSC
Non-circulating supply: ~13.0 billion BGSC
👉 100% of the non-circulating 13.0 billion BGSC will be burned
4️⃣ Complete Elimination of Security & Treasury Risks
All non-circulating tokens fully burned, and
A permanently non-mintable token structure,
All structural risks related to foundation wallet hacking or residual token leakage are completely eliminated.
This is not a policy promise — it is a protocol-level outcome.
5️⃣ Team Token Transparency & No-Sell History
October 2024
→ 5.0 billion BGSC allocated to the project team
Since allocation:
Not a single BGSC has been sold
No profit-taking has occurred by the team
Additionally:
Two separate burn events were already executed during 2025
👉 BSCscan – BGSC Team Wallet Transaction History (https://t.co/7kuCZt5zZG)
6️⃣ Full Burn of Vesting-Unlocked Tokens
As of January 5, 2026:
Approximately 230 million BGSC scheduled for vesting unlock
👉 100% of these unlocked tokens will also be burned
🔍 On-Chain Verification
All burn transactions executed on January 5, 2026
can be directly verified on BSCscan.
Transparency will be provided entirely on-chain.
[Link] (https://t.co/zlFqf9QSJg)
Introducing Bitway: The Internet Capital Gateway for On-Chain Finance
Incubated and backed by @yzilabs via @EASYResidency Season 1, Bitway is founded by early members of Binance Labs and Chainspace, the blockchain scalability project later acquired by Facebook.
Bitway serves as the "Internet Capital Gateway," connecting on-chain liquidity with global financial opportunities. At its core, Bitway offers a suite of specialized products, including Bitway Earn, an on-chain wealth management platform built on the BNB Chain. This platform allows users to access institutional-grade yield opportunities in a transparent and decentralized manner, anytime and anywhere.
To accelerate early adoption, the product launch is supported by the @BinanceWallet Booster Program. In addition to native yield, a Points Program has been introduced, allowing users to earn future rewards in $BTW by staking USDT at https://t.co/8UPjNNuPvA.