Chiliz: Completes Two CHZ Burns - 29 Jul 2026

Chiliz reports that two burns have permanently removed 24,287,047 CHZ from circulation, with periodic burns set to continue under its ongoing burn programme.The removal directly reduces the token supply, giving the announcement a clear tokenomics effect. Chiliz links the burns to a continuing programme rather than a one-time action, so future supply changes will depend on whether the stated periodic schedule continues. The announcement confirms availability of this supply-management mechanism, but it does not demonstrate broader adoption or establish a market effect.𝟐𝟒,𝟐𝟖𝟕,𝟎𝟒𝟕 𝐁𝐮𝐫𝐧𝐞𝐝Two burns have now been completed, permanently removing approximately $327,673 worth of from circulation.Periodic burns will continue as part of the ongoing programme and our broader commitment to sustainable tokenomics.𝟏)…