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Streamflow Burns 70% Of STREAM Supply In 699.99M Token Cut

Bitcoinist
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Streamflow Burns 70% Of STREAM Supply In 699.99M Token Cut

TL;DR The Streamflow Foundation has burned 699.99 million STREAM tokens in a single onchain transaction. Total supply fell from roughly 1 billion STREAM to 300 million. The foundation says its product operations, vesting schedules, staking and airdrop services are unchanged by the supply reduction. Streamflow has made one of the more dramatic token-supply changes of […]

Key Takeaways

  1. TL;DR The Streamflow Foundation has burned 699.99 million STREAM tokens in a single onchain transaction.
  2. Total supply fell from roughly 1 billion STREAM to 300 million.
  3. The foundation says its product operations, vesting schedules, staking and airdrop services are unchanged by the supply reduction.
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Summary generated by IndiCrypto from Bitcoinist. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.