Arkreen’s Monthly $AKRE Burn Plan: February 2025 Update – 15M $AKRE Tokens Burned
As we step into 2025, Arkreen has solidified its position as a Decentralized Energy Network powered by a global community and an on-chain economy. At its core, $AKRE serves as the key service token for green energy assets, driving transactions across the ecosystem.From asset issuance and trading to consumption, $AKRE powers seamless payments within the on-chain protocol. Arkreen remains committed to its monthly Token Burn Plan, continuously reducing $AKRE supply to enhance long-term value.In January 2025, we burned 14,708,719.78 $AKRE . Here’s a breakdown of this month’s activities and their impact on the Arkreen ecosystem:
Part 1: On-Chain ART Issuance Fees
To issue tokenized Renewable Energy Certificates (ART), Arkreen applies a service fee of 1 ART = 1000 $AKRE. This mechanism helps ensure the tokenization process is both efficient and sustainable.
January Highlights
- ART Issued: 10,879.89942 ART
- Fees Collected: 10,879,899.42 $AKRE
- Planned Burn (80%): 8,703,919.54 $AKRE
- Treasury Allocation (20%): 2,175,979.88 $AKRE
This process strengthens accountability within the Arkreen ecosystem and provides further incentives for sustainable energy practices. Transaction Successful:https://polygonscan.com/tx/0x6b1edf6f77782619b8ef812302adbb47427cae9272cab5e039eb8a20a92da353
Part 2: On-Chain ART Offset Fees
Since November 2024, Arkreen has introduced service fees for on-chain ART offsets. For every ART offset, there is a fee of 1 ART = 1000 $AKRE. While a smart contract upgrade to support direct fee payments is in progress, the Arkreen Foundation is currently sponsoring these fees on behalf of users.
January Highlights:
- ART Offset: 7506.00031 ART
- Fees Sponsored: 7,506,000.31 $AKRE
- Planned Burn (80%): 6,004,800.25 $AKRE
- Treasury Allocation(20%): 1,501,200.06 $AKRE
This effort further reflects Arkreen’s commitment to promoting a sustainable and deflationary ecosystem while empowering users to offset carbon emissions seamlessly. Transaction Successful:https://polygonscan.com/tx/0xc4e184724362734a0f8e90d6b67b978aaa3cb4cda5dd3699f71b840567af88e4
Next Milestones
Token burns are essential for maintaining a deflationary model within the Arkreen ecosystem. They not only reinforce the value for all stakeholders but also support the ongoing growth of decentralized renewable energy solutions.As we move forward, these token burns align with our broader commitment to sustainability and economic balance within the Arkreen ecosystem.
Remaining $AKRE Supply: 9,968,905,429.34 $AKRE
Check Current Supply on PolygonScan