# 7.4 Token Burns

The Echelon Prime Foundation [announced a multi-phase plan](https://x.com/EchelonFND/status/1940407830106046530) to adjust the PRIME ecosystem following consultations with partners and stakeholders. The stated objective is to right-size the ecosystem and support long-term stability.&#x20;

### Initial actions executed:

* The Foundation reduced the Gameplay Pool and updated the Sink Schedule to include a burn mechanism.
* An initial burn of 11 million PRIME tokens was executed from the Gameplay Pool.
  * [Test Transaction](https://etherscan.io/tx/0x556c6781547f11588ed63fc4f14829f4523184dbbb226b213af0289819d90197)
  * [Primary Transaction](https://etherscan.io/tx/0x912879284020e57f4d5ee0f2163973da8590f27c85f5296bf8de5527a6733b89)
* This burn represented 10% of the total PRIME token supply.

### Planned follow-up burn mechanisms:

* An additional 10% of PRIME will be burned over the next three years.
* 10% of all PRIME passing through the Sink Schedule will be burned.
  * This 10% is sourced from a previously allocated 4% to the Foundation and 6% to the Gameplay Pool.

The current total supply can be verified via the contract address on [Etherscan](https://etherscan.io/token/0xb23d80f5fefcddaa212212f028021b41ded428cf#readContract#F19).
