Add as a preferred source on GoogleArchLoot Plans to Burn 44.6 Million Locked AL Tokens From Three Pools
The planned burn equals about 4.46% of AL’s maximum supply. ArchLoot plans to publish a transaction hash after completion.
Blockchain gaming project ArchLoot plans to permanently burn 44,583,346 locked ArchLoot (AL) tokens, removing an amount equal to about 4.46% of AL’s maximum supply from potential circulation.
The tokens come from three pools. ECO Pool accounts for 30 million AL, the largest share of the planned burn. Treasure Pool accounts for about 10.417 million AL, while Reserve Pool accounts for about 4.167 million AL.
The plan targets tokens that remain locked. Burning them would prevent those allocations from being unlocked, distributed or circulated later. The 4.46% figure compares the proposed burn with AL’s maximum supply, rather than the amount currently in circulation.
The burn has not yet been completed. ArchLoot plans to publish the on-chain transaction hash afterward so the community can verify it.
Enna Lee
ReporterEnna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.