As part of our commitment to the Chiliz 2030 strategy, we continue to execute our vision of a “virtuous cycle” where the success of our Fan Token directly bolsters the Chiliz Chain ecosystem – below is the update on $CHZ burn.
The Numbers at a Glance
| Metric | Details |
| $CHZ Burned* | 69,918,100.281828308052617138 $CHZ |
| $CHZ Burned in September | 7,399,831.294937 $CHZ |
| Estimated USD Value | $122,704 |
| Source | 10% of Fan Token proceeds from the period |
| Burn Date | Sep 28 2026 11:18:42 AM (UTC) |
*Accumulated value
How the Mechanism Works
The Chiliz 2030 strategy isn’t just a roadmap; it’s an economic engine. By linking the Fan Token economy directly to $CHZ, we ensure that every goal, every trade, and every fan engagement contributes to the scarcity of our native token.
The Formula is Simple:
We take 10% of all proceeds generated through Fan Token transactions and marketplace activities to execute $CHZ buy-backs from the open market. These tokens are then permanently removed from circulation (burned).
Why we do this: This mechanism aligns the interests of our world’s leading sports organisations partners, the Fan Token holders, and the $CHZ ecosystem. As the Chiliz Chain grows, so does the impact of our deflationary efforts.
Transparency & Proof
We believe in “don’t trust, verify.” You can track the burn transactions directly on the Chiliz Chain Explorer via the information given below:
- Transaction Hash:
0x84c01798cb7b5ebc943b7cdd1389043107e558081af9dfab1a44d274e2ebee17
- Burn Address: 0x0000000000000000000000000000000000000000
*These reports are not intended to follow a specific publication date or cadence.
