Streamflow Foundation Destroys 70% of STREAM Supply via On-Chain Burn

The Foundation's entire allocation and a large share of founder and future team allocations have been permanently removed. The burn is irreversible and verifiable on‑chain by anyone.

The Streamflow Foundation has burned 699.99 million STREAM in a single on‑chain transaction, permanently taking 70% of total token supply out of circulation. The burn eliminates 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.

Solana's programmatic burn instruction was used to destroy the tokens, reducing total supply directly at the mint level. No tokens were 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 them to supply.

The burn is permanent. It is recorded on‑chain and can be independently verified by any observer on Solscan.

Foundation treasury holdings are typically the largest single variable in a token's future supply schedule. They can be distributed, sold, or emitted at the holder's discretion, and the market must price in all those possibilities. Streamflow Foundation chose to eliminate that variable outright rather than postpone 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.

What This Means 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.