Streamflow Burns 70% Of STREAM Supply In 699.99M Token Cut
- Published
- Also mentions
- SOL
Streamflow reduced STREAM’s total supply in a single onchain burn, removing 699.99 million tokens and bringing the supply down from roughly 1 billion to 300 million. The foundation also said its product operations, vesting schedules, staking, and airdrop services were unchanged after the reduction.
Key claims & sources
What it means
Streamflow users and anyone tracking the token’s circulation notice a much smaller reported supply after the burn. The foundation’s stated product operations, vesting schedules, staking, and airdrop services remain in place, so those functions are still being handled under the same setup today.
In practice, the token’s recorded supply moved from roughly 1 billion to 300 million after the foundation removed its allocation in one transaction. What stays the same, from the details given, is that the foundation says its operating functions around product work, vesting, staking, and airdrops are unchanged.
Market reaction i
Coverage timeline
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