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 |
| $CHZ Burned* | 49,057,692.02968569 $CHZ |
| $CHZ Burned in July | 24,287,036.58 $CHZ |
| Estimated USD Value | $326,807.83 |
| Source | 10% of Fan Token proceeds from the period |
| Burn Date | 29th, July, 2026 – 12:30:57 (+02:00 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 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:
0x21278f64045f322a6409a1defa89d51114c85bc53362fad5220be0a39f5aa1d1
0xedaceec390bf4b80d6d21d56953183724a59f2e05d41e7dbf81512b278fe8810
- Burn Address: 0x0000000000000000000000000000000000000000
