Blockchain game project ArchLoot announced a permanent burn of 44,583,346 locked AL tokens, representing approximately 4.46% of the maximum supply. The burn draws from three pools: the ECO Pool (30 million), the Treasure Pool (~10.417 million), and the Reserve Pool (~4.167 million).
Once completed, the burned tokens will no longer be unlocked, distributed, or circulated. The team stated it will publish the on-chain transaction hash for community verification after the burn is finalized.
ArchLoot to Permanently Burn ~44.58M Locked AL Tokens, About 4.46% of Max Supply
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.