Streamflow Foundation Burns 70% of STREAM Supply, Cutting Total to 300M
- —699.99M STREAM burned, equal to 70% of the original 1B supply
- —Total supply now stands at 300 million STREAM
- —Burn covers 100% of Foundation allocation and part of founder/team tokens
- —11.08% remains in free float, 3.42% in the Active Staking Rewards program
Why it matters: Removing the Foundation's overhang eliminates the largest variable in STREAM's forward supply schedule, though a one-way swap into transfer-restricted xSTREAM for verified investors is next.
Source: BeInCrypto