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 partners directly bolsters the Chiliz Chain ecosystem – below is the update on $CHZ burn and latest supply.
The Numbers at a Glance
| Metric | Details |
| Total $CHZ Burned | 4,660,013.33183495 $CHZ |
| Estimated USD Value | $165,356.19 |
| Source | 10% of Fan Token proceeds from the period |
| Burn Date | 26th, May, 2026 – 10:58:35 AM (+02:00 UTC) |
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 80+ sporting 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 links below:
- Transaction Hash: 0x3f2dea807d47753442b287b316fd681707f6ee183ac87c8330a24b0e3a66f484
- Burn Address: 0x000000000000000000000000000000000000dead
