Arkreen’s Monthly $AKRE Burn Plan: January 2025 Update – 5M $AKRE Tokens Burned
At Arkreen, transparency and trust drive everything we do. In 2025, we continue our commitment to a sustainable and deflationary ecosystem with our monthly $AKRE token burn, based on the previous month’s service fee revenue. For December 2024, we burned 4,974,490.51 $AKRE. Here’s a quick look at this month’s activities and their impact on our 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.
December Highlights
- ART Issued: 2,581.07742 ART
- Fees Collected: 2,581,077.42 $AKRE
- Planned Burn (80%): 2,064,861.93 $AKRE
- Treasury Allocation (20%): 516,215.48 $AKRE
This process strengthens accountability within the Arkreen ecosystem and provides further incentives for sustainable energy practices. Transaction Successful:
https://polygonscan.com/tx/0x01290dd5283c07e5feaefbf39c0614698cfdcbb2adfed59f0e8cf5b83e550aa2
Part 2: On-Chain ART Offset Fees
Since November, 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.
December Highlights:
- ART Offset: 3,637.03572 ART
- Fees Sponsored: 3,637,035.72 $AKRE
- Planned Burn (80%): 2,909,628.57 $AKRE
- Treasury Allocation(20%): 727,407.14 $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/0xdd23b9eb4f5a07cf631857b3fb94ae45b478096df38198d28fdf97821ba0da10
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: 9,983,614,149.12 $AKRE
Check Current Supply on PolygonScan