The Streamflow Foundation burned 699.99 million STREAM tokens in a single onchain transaction on September 23, reducing total supply from approximately 1 billion to 300 million. The burn eliminated approximately 70% of total supply, with the tokens permanently destroyed through the blockchain’s token program with no authority to recreate them. The foundation stated that its token management services, including vesting, staking, locks and airdrops, remain unchanged and that existing user vesting schedules were not affected. The transaction represents a tokenomics change rather than an alteration to the Streamflow product itself, as supply reductions alone do not create demand for the STREAM token.
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