The Sekuya team has announced plans for the first official SKYA token burn, set to take place on July 25, 2025. This event will mark the beginning of a new burning system aimed at reducing total token supply.
Key Details of SKYA Token Burn
The first SKYA token burn will be triggered by reaching a market capitalization of $2.5 million. This event was announced on July 19, 2025.
SKYA Supply Structure Across Three Networks
The SKYA token operates across three major blockchains: Ethereum, Base, and BNB Smart Chain. Token supplies originate on the Ethereum network and are then bridged to Base through SingularityDAO and to BNB Chain via Chainlink.
- Ethereum (ETH): 866,750,681 SKYA - Base: 128,914,844 SKYA - BNB Smart Chain: 4,245,186 SKYA
The initial total supply of SKYA is 1,000,000,000 tokens.
Future Token Burn Plans
This initial burn marks Sekuya's long-term commitment to a healthy and sustainable token economy. Future burns will be triggered as SKYA hits new market cap milestones according to the Sekuya burn system roadmap. Each burn event will be executed transparently using the same on-chain mechanism.
The first SKYA token burn will be an important step in managing supply, ensuring transparency and accountability in the process.
