LOAFCAT has officially completed its first two major burn cycles, marking a key milestone in the project’s long-term supply-reduction strategy. These events demonstrate that the Buyback & Burn Engine—powered by both the Telegram game and LoafBank—is now operating live on mainnet and is removing supply exactly as designed.
What Was Burned
Across Burn Event 01 and Burn Event 02, a total of 343,000,000+ LOAFCAT were bought back and permanently destroyed. The token supply has now decreased from 100,000,000,000 to 99,657,000,000 tokens.
Proof of Burns (On-Chain Transactions)
- •Burn Event 01: TX Link (https://solscan.io/tx/4uVbhyVSyBmNhtWNmiADztB9StMm9vjQcJq653gcgv7kX9Ao4NrUpNBb86M2hcXZrH3tjm3wmPXvRk9VK9raBGp4)
- •Burn Event 02: TX Link (https://solscan.io/tx/4fTjVE5TDPM7S7btTFEztNR4taCybAonzQEaDwMjDyHFwfzN9eaT8jRY5fquNE6Gg1L468aZdRmfg4NZ5wxFBe7m)
Why This Matters
LOAFCAT’s model ties game activity and DeFi usage directly to ongoing token scarcity:
Telegram Game → Play-to-Burn
Players generate fees through in-game mechanics. A portion of this revenue is used for scheduled buybacks, which are then burned permanently. This turns gameplay into a direct supply-reduction engine.
LoafBank → Buy & Burn Engine (Live)
LoafBank converts portions of protocol fees into LOAFCAT via market buys, then burns them weekly. This creates:
- •Continuous buy pressure
- •Ecosystem-linked deflation
- •A direct link between protocol growth and token scarcity
As LoafBank expands—especially with upcoming meme-collateral support—the burn engine strengthens.
Transparency First: Fully On-Chain
Every buyback and every burn happens on Solana mainnet. All movements are publicly visible, permanently recorded, and verifiable by any investor. No off-chain accounting. No opaque treasury methods. All burns are on-chain and auditable.
Ecosystem Impact
With Burn Events 01 and 02 complete:
- •LOAFCAT is now officially a deflationary meme-utility hybrid token
- •The burn engine is proven in production
- •Both revenue sources (game + DeFi) have begun reducing supply
- •Future burns will scale automatically as ecosystem usage increases
LOAFCAT’s supply will continue to fall over time—algorithmically tied to real activity across the ecosystem. The burn engine is live. And this is only the beginning.