DeFi· ★★· bullish·

ArchLoot to burn 44.58M locked AL tokens, 4.46% of max supply

  • —44,583,346 AL to be burned, roughly 4.46% of max supply
  • —30M AL from ECO Pool, 10.42M from Treasure Pool, 4.17M from Reserve Pool
  • —Project will publish the on-chain transaction hash for community verification
Why it matters: The burn trims AL's future supply, though the 4.46% share limits the immediate market impact.
Source: PANews