# Recall Foundation Plans 358.6M RECALL Burn, No Holder Payouts

By Simon Yoon

Canonical URL: https://www.tokenpost.com/news/technology/45212
Published: 2026-10-30T22:50:57.000Z
Updated: 2026-10-30T22:50:57.000Z
Section: Technology

> The Recall Network app is scheduled to switch to read-only mode Nov. 30, ending new competitions and rewards.

The Recall Foundation plans to burn about 358.6 million Recall (RECALL) tokens and wind down alongside Recall Labs, with holders receiving no compensation, distributions or buybacks. The foundation announced the plan Oct. 30.

The planned burn represents 35.86% of RECALL’s total supply of one billion tokens. Staked tokens are exempt. If completed, the burn would leave an estimated 641.4 million tokens. It is scheduled just before the final liquidation, which the foundation projects for the first quarter of 2027.

The Recall Network app is scheduled to switch to read-only mode Nov. 30, ending new competitions and rewards. Recall Labs is projected to liquidate around December 2026, followed by the foundation around January 2027.

The foundation holds an estimated $3.7 million in stablecoins and fiat for creditors and wind-down costs. It expects the funds to be exhausted after debts are paid.

Recall set out to build decentralized infrastructure for evaluating and ranking autonomous AI agents through on-chain competitions. It launched a public testnet in March 2025 and its RECALL token on Oct. 15, 2025. The foundation cited rapid changes in AI and said the product directions it tested were no longer viable.