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Streamflow Foundation Burns 70% of Total STREAM Supply, Permanently Removing STREAM Holdings from Circulation
Published Source: BeInCryptoRead original
Crypto Insight Summary: 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 Crypto Insight Analysis: Direction: Bullish STREAM Impact: Major Impact Horizon: Long-term (1 quarter-1 year) Reasoning: Permanent supply reduction increases scarcity and value proposition for remaining tokens.