BugsCoin (BGSC) Supply Structure and Burn Decision Announcement Hello everyone, I am Inbum Cho, the founder of BugsCoin (BGSC). We would like to provide a clear and transparent explanation of BGSC's supply structure and the large-scale token burn decision that will take effect on January 5, 2026. 1️⃣ BGSC Issuance Structure (No Incremental Issuance) BugsCoin issued a fixed total supply of 100 billion BGSC at its genesis. The token is designed without the ability to increase its supply, meaning that structurally, it is impossible to issue additional or unlimited amounts. This can be independently verified by anyone using the CertiK security audit report. 👉 CertiK BGSC Audit Report () In short, BGSC is a token with a completely fixed supply, and the risk of future issuance is zero. 2️⃣ Past Burning History and Structural Constraints Throughout 2025, we conducted multiple burn events to stabilize token value. However, despite these measures, we still believe the absolute size of the total supply continues to negatively impact market valuation. Therefore, the team has decided to implement a more fundamental and structural supply reform. 3️⃣ January 5, 2026 — Complete Burn of All Non-Circulating Supply Effective January 5, 2026: All BGSC tokens, except those currently in circulation, will be permanently burned. 📊 Circulating Supply (Based on CoinMarketCap) Current Circulating Supply: Approximately 11.5 billion BGSC Non-Circulating Supply: Approximately 13 billion BGSC 👉 All 13 billion non-circulating BGSC will be burned 4️⃣ Complete Elimination of Security and Funding Risks All non-circulating tokens have been completely burned, and The use of a permanently non-increased token structure has completely eliminated all structural risks associated with the underlying wallet being hacked or the leakage of remaining tokens. This is not a policy promise, but rather the final outcome at the protocol level. 5️⃣ Team Token Transparency and No Sale History October 2024 → 5 billion BGSC allocated to the project team Since allocation: No BGSC has been sold. The team has not made any profits. Furthermore: Two independent burn events were executed in 2025. 👉 BSCscan – BGSC Team Wallet Transaction History () 6️⃣ Complete Burn of Unlocked Tokens As of January 5, 2026: Approximately 230 million BGSC are planned to be unlocked. 👉 All unlocked tokens will be burned. 🔍 On-chain Verification All burn transactions executed on January 5th
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