Streamflow Foundation Burns 70% of Total STREAM Supply, Permanently Removing STREAM Holdings From Circulation
Oct 9, 2026
United States, October 9, 2026 -- 100% of the Foundation's allocation and a significant portion of founder and future team allocations are gone for good; the burn is irreversible and verifiable by anyone on-chain
Streamflow Foundation 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 the 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 $725 million in Total Value Locked across 40,000+ projects and 1.3 million users.
Key Considerations for STREAM
The burn clears the ground for the next step in STREAM's structure: a one-way swap from STREAM into xSTREAM, a transfer-restricted security issued by a Cayman special purpose vehicle. With the Foundation's allocation gone, every STREAM that can enter the swap is held by parties other than Streamflow Foundation, and the supply the swap draws from is fixed.
The swap will run on a public window of six months with no extension. STREAM delivered into the swap is burned on receipt and exchanged for xSTREAM at a 1:1 ratio, so the same programmatic burn mechanics used by the Foundation apply to every holder who participates.
xSTREAM will be available only to verified eligible investors through a dedicated portal and is not available to retail investors in the United States, the United Kingdom, or the European Union. Full details on eligibility, verification, and what happens to STREAM during and after the window are covered in a separate announcement, with financial terms provided only to holders who complete verification.
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 $725 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.
Disclaimer:
This announcement is for informational purposes only. It is not an offer to sell or a solicitation of an offer to buy any security in any jurisdiction where such an offer would be unlawful, and nothing in this announcement constitutes investment advice. The token burn described is a supply-management measure. It is not a price commitment, a guarantee of liquidity, or a representation regarding the future value, returns, or performance of STREAM. Readers should assess their own objectives and risk tolerance and seek full information before making any decisions.
Contact Info:
Name: Andrija R.
Email: Send Email
Organization: Streamflow Foundation
Website: https://streamflow.foundation/
Release ID: 89205677
Should you come across any errors, concerns, or inconsistencies within this press release's content, we urge you to reach out without delay by contacting [email protected] (it is important to note that this email is the authorized channel for such matters, sending multiple emails to multiple addresses does not necessarily help expedite your request). Our committed team will promptly address your feedback within 8 hours and take appropriate measures to resolve any identified issues or guide you through the removal process. Providing accurate and dependable information remains our utmost priority.
More News
Air India-Singapore Airlines Partnership Simplifies Codeshare Bookings
Air India and Singapore Airlines remove the codeshare pairing rule on 126 weekly flights from 15 October, with reciprocal elite perks to follow in 2027 The post Air India-Singapore Airlines Partnership Simplifies Codeshare Bookings appeared first on Business Traveller.
William “Billy” Griffith returns as chair of CTO Allied Board
William “Billy” Griffith has been reelected chair of the Caribbean Tourism Organization’s (CTO) Allied Board, leading a five-member team that brings experience in destination marketing, workforce development, cruise operations and travel technology to the organization’s regional tourism agenda. Griffith, managing director of WCG Consulting Ltd., joins returning board member Danny Cohanpour, founder and CEO of Trove Tourism Development Advisors, for the 2026-2028 term.
How a ‘Garbage Artist’ Is Helping Transform an Adirondack Mill Town
Thomas Dambo, the acclaimed Danish sculptor, unveiled his first permanent troll in New York State. Will it offer a lasting economic boon in the town of Tupper Lake?
WTTC Sets Out Eight Priorities to Secure Europe’s Travel & Tourism Leadership
Europe can secure a larger share of the next decade’s Travel & Tourism growth by acting on eight strategic priorities, according to a new report from WTTC, released today at WTTC’s 26th Global Summit in Valletta. The eight priorities are aligned with WTTC’s globally endorsed strategic priorities, approved by its Executive Council, ensuring Europe’s recommendations reflect the key growth, investment and competitiveness priorities identified by the global Travel & Tourism private sector.
Agoda Partners with Marina Bay Sands on Bespoke Flagship Store
Digital travel platform Agoda has partnered with Singapore’s landmark integrated resort, Marina Bay Sands to unveil a bespoke Marina Bay Sands Flagship Store on the Agoda platform. The customized luxury digital storefront brings together Marina Bay Sands’ rooms, suites, and select resort experiences, allowing travelers to explore and book them seamlessly in one place.
Why the Dajiao Festival on Hong Kong’s Kat O island is held once every 10 years
On a typical day, Kat O – a tranquil island within the Hong Kong Unesco Global Geopark, in the northeastern waters of the New Territories – sees just a small number of visitors, who arrive mostly for a scenic hike through its heritage trails. However, with an island-wide festival taking place from October 11 to 15, things are about to get lively. In the run-up to the festivities, villagers are busy completing a giant bamboo theatre, traditional puppets and parade lanterns, while local artists...
_Innsbruck_Tourismus_Danijel_Jovanovic-600x315.jpg)
Innsbruck unveils its 2026 mountain Christmas
There are Christmas cities, and then there is Innsbruck. This winter, the Capital of the Alps is adding a major new attraction to its celebrated Bergweihnacht Mountain Christmas programme.
How good is this year's flu shot? Here's what to know about flu season
Health officials say flu season has arrived early this year, but how worried should Canadians be? As we head into Thanksgiving weekend, the CBC looks at where the flu is hitting hardest and how you can get your vaccine.
Dukes London Reopens in 2027 with Wolseley Restaurant and GHA Discovery Perks
The luxury St James’s Place hotel will offer 85 redesigned rooms and suites and a new restaurant when it reopens in 2027 The post Dukes London Reopens in 2027 with Wolseley Restaurant and GHA Discovery Perks appeared first on Business Traveller.
WTM London actively invests in the workforce of the future
WTM London, powered by RX Global, has reconfirmed its commitment to the next generation of talent with a range of offers for students and graduates wanting to attend the world’s most influential travel and tourism event. Its connection with the workforce of the future is primarily secured through its long-standing partnership with ITT Future You, part of the Institute of Travel and Tourism. Every year since 2009, WTM and ITT Future You have co-hosted a dedicated forum for students and graduates as part of the WTM London conference programme.
The short-haul sunshine islands in Europe where you can still find warmth this autumn and winter - from Spain favourites to lesser-known Greek isles
From volcanic landscapes to beautiful pebbled beaches, here are the best island destinations across Europe where you can still catch the sun in autumn and winter.
Why Hong Kong’s Cantonese restaurants are closing – and who is saving them
The last basket of dim sum is sold, the roller shutter comes down, and another Cantonese restaurant in Hong Kong closes. Nine months into 2026, this scene has already played out at least 30 times. The causes are familiar – sky-high rents, thin margins, rising costs, and dining habits reshaped by the pandemic years. Legislative Council figures show that between 2018 and 2025, the number of Cantonese restaurants and banquet halls in Hong Kong fell from 1,790 to 1,500, representing a 16 per cent...
Recommended
YOUR NEWS, OUR NETWORK.
Do you have Great News you want to tell the world?
Be it updates about your business or your community, you can make sure that it’s heard by submitting your story to our network reaching hundreds of news sites across 6 verticals.