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7.4 Token Burns

The Echelon Prime Foundation announced a multi-phase plan 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.

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.

  • 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.

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