TREAD & LFI Hyper Deflationary Burn Structure

 

In accordance with the TREAD & LFI Hyper Deflationary Burn Proposal that was passed on Nov 10th 2024:

  

  • TREAD & LFI will be halved in accordance to the total supply in each projects respective liquidity (supply) wallet, every 4 years on Nov 10th, starting Nov 10th 2024.

 

  • TREAD & LFI will be burned monthly on the 1st of every month, in accordance with the total average amount of TREAD & LFI pooled in monthly rewarded tiers.

 

  • Burns are scheduled to run until Nov 10th 2080.

 

  • By or before Nov 10th 2080, TREAD & LFI will be fully backed and burned.

 

 

 

4 Year Halving Burns:

 

  • TREAD (Nov 10th 2024): Total supply burned: 24,999,987,086.7

 

  • LFI (Nov 10th 2024): Total supply burned: 24,999,993,848

 

Monthly Tier Burns:

 

  • TREAD (Dec 1st 2024): Total supply burned:

 

  • LFI (Dec 1st 2024): Total supply burned: