Arkreen’s Monthly $AKRE Burn Plan: March 2025 Update – 3M $AKRE Tokens Burned
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 the $AKRE supply to enhance long-term value.In February 2025, we burned 2,971,972 $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.
February Highlights
- ART Issued: 403.16563 ART
- Fees Collected: 403,165.63 $AKRE
- Planned Burn (80%): 322,532.50 $AKRE
- Treasury Allocation (20%): 80,633.13 $AKRE
This process strengthens accountability within the Arkreen ecosystem and provides further incentives for sustainable energy practices. Transaction Successful:
https://polygonscan.com/tx/0x5410f12d9f08f3b6185f55083eda90068033b739ab429febc9e03e55868ecc68
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.
February Highlights:
- ART Offset: 3,311.8 ART
- Fees Sponsored: 3,311,800 $AKRE
- Planned Burn (80%): 2,649,440 $AKRE
- Treasury Allocation(20%): 662,360 $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/0x163b2ea0ac6e9db878d481d8f6b3e3beb02f56d3fb514b36f74e5dd15efc21c2
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: 9,965,933,456.83 $AKRE
Check Current Supply on PolygonScan