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Streamflow Foundation Burns 70% of Total STREAM Supply, Permanently Removing STREAM Holdings from Circulation

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Streamflow Foundation Burns 70% of Total STREAM Supply, Permanently Removing STREAM Holdings from Circulation

100% of the Foundation’s allocation and a significant portion of founder and future team allocations are gone for good; the burn is irreversible and verifiable by anyone on-chain Streamflow Foundation announced that it has burned 699.99 million STREAM, permanently removing 70% of total token supply from circulation in a single on-chain transaction. The burn covers The post Streamflow Foundation Burns 70% of Total STREAM Supply, Permanently Removing STREAM Holdings from Circulation appeared first on BeInCrypto.

Key Takeaways

  1. 100% of the Foundation’s allocation and a significant portion of founder and future team allocations are gone for good; the burn is irreversible and verifiable by anyone on-chain Streamflow Foundation announced that it has burned 699.99 million STREAM, permanently removing 70% of total token supply from circulation in a single on-chain transaction.
  2. The burn covers The post Streamflow Foundation Burns 70% of Total STREAM Supply, Permanently Removing STREAM Holdings from Circulation appeared first on BeInCrypto.
  3. Read the full article for additional context and details.
Read Full Article on BeInCrypto

Summary generated by IndiCrypto from BeInCrypto. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.