Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesStocksEarnInstitutionAI & More
Streamflow Foundation Burns 70% of Total STREAM Supply, Permanently Removing STREAM Holdings from Circulation

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

CoinomediaCoinomedia2026/09/23 15:51
By:Coinomedia

New York City, USA, 23.09.2026. Streamflow Foundation today 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 100% of the Foundation’s allocation, both locked and unlocked, as well as a significant portion of the founder and future team allocation. Total supply now stands at 300 million STREAM, down from 1 billion.

The tokens were destroyed through Solana’s programmatic burn instruction, which reduces total supply directly at the mint level. Nothing was moved to a wallet. There is nothing to recover, unfreeze, or reissue, and no future decision by Streamflow Foundation, Streamflow, or any affiliate can restore the tokens to supply.

The burn is irreversible. It is recorded on-chain and can be independently verified by any observer on Solscan.

Foundation treasury holdings typically represent the largest single variable in a token’s forward supply schedule. They can be distributed, sold, or emitted at the holder’s discretion, and the market has to price in every one of those possibilities. Streamflow Foundation has chosen to eliminate that variable outright rather than defer it through locks or policies that still depend on future decisions.

“A treasury that can be spent is a treasury the market has to price in. Burning it outright is the only version of this commitment that doesn’t depend on anyone’s continued good intentions. The tokens are gone, the transaction is public, and no future decision can bring them back.” – Mališa Stanojević, CEO of Streamflow.

With the overhang removed, every remaining STREAM is accounted for. Of the original total supply, the following remains:

  • 11.47% in existing vesting contracts for private investors and early contributors
  • 4.03% reserved for current and future team members to continue contributing
  • 3.42% currently in the Active Staking Rewards program
  • 11.08% freely circulating supply

The full holder breakdown is public on Solscan and on Streamflow Token Dashboard, where vesting contracts, staking positions, and circulating supply can be tracked in real time. Updated supply figures will be reflected on standard Solana token trackers and data aggregators as they index the transaction.

Streamflow’s product operations are unaffected by the burn. The platform continues to operate token locks, vesting, staking, airdrops, payouts, and treasury tooling for projects building on Solana, with more than $650 million in total value locked across 40,000+ projects and 1.3 million users.

About Streamflow

Streamflow is a Solana-native token operations infrastructure platform that automates token distribution, locks, vesting, staking, airdrops, and payouts using on-chain smart contracts. More than 40,000 projects and 1.3 million users have used Streamflow, with over $650 million in total value locked. Streamflow’s contracts are audited by Neodyme, FYEO, and OPCODES, and the company is backed by Jump Crypto, Solana Ventures, IVC, John Lilic, and others.

0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

JPMorgan brings JPM Coin to Ethereum

CryptoValleyJournal•2026/10/20 09:45
 JPMorgan brings JPM Coin to Ethereum

Nvidia invests billions of dollars in Germany; Jensen Huang: Once a technology powerhouse, the country has fallen behind, which pains me deeply

Nvidia signed a memorandum of cooperation with the German government at the "Invest in Germany" summit in Berlin, investing in four German startups covering robotics, healthcare, generative AI, and satellite sectors. The company also partnered with Siemens to develop AI factory solutions, potentially reducing costs by up to 20%. Jensen Huang expressed regret that Germany is lagging behind in the technology competition, noting that Europeans may be overly hesitant and consider too many factors when taking action.

华尔街见闻•2026/10/20 08:56
Nvidia invests billions of dollars in Germany; Jensen Huang: Once a technology powerhouse, the country has fallen behind, which pains me deeply

The most direct signal that US stocks have peaked: South Korean chip exports?

Currently, the U.S. stock market is supported solely by strong earnings expectations. If semiconductor exports from South Korea and Taiwan decline, it may provide an early warning 3-6 months in advance of capital expenditure peaking. Once expectations reverse, high yields will instantly crush valuations.

华尔街见闻•2026/10/20 08:06
The most direct signal that US stocks have peaked: South Korean chip exports?

CoreWeave Credit Crisis Resembles the 2023 SVB Panic More Than the 2008 Subprime Mortgage Crisis?

The key issue now is not whether CoreWeave will collapse, but whether compute pricing can support the financing logic of this cycle. The answer to this question will determine the eventual outcome of this panic.

华尔街见闻•2026/10/20 07:05
CoreWeave Credit Crisis Resembles the 2023 SVB Panic More Than the 2008 Subprime Mortgage Crisis?