PALM Burn Campaign: Igniting the Next Phase of the PALM Economy

PALM is activating its burn utility with a 12-week campaign launching this October. It begins with a large initial burn, followed by randomized weekly burns. As the community reaches key milestones tied to PALM usage across the ecosystem, Bonus Burns will unlock — permanently removing more PALM from circulation.

Running through the end of the year, the PALM Burn Campaign marks the rollout of a core utility driver in the PALM token economy and the beginning of a long-term, structured burn strategy heading into 2026.

Why Launch the PALM Burn Campaign Now

The PALM Economy is built on five interconnected pillars that drive real utility and long-term value:

• Staking: allows holders to earn rewards by putting PALM to work.

• Oracles: capture real-world data from Palmyra’s traceability systems.

• PALM DAO: enables community-driven governance and business development.

• Rebates: reward ecosystem participation and usage.

• Burn Mechanism: introduces a deflationary element that strengthens the token’s value.

Together, these pillars form the foundation of PALM’s long-term value accrual. With staking and oracles already active, and the PALM DAO Litepaper published, the burn mechanism now comes online as the next major utility milestone.

How the PALM Burn Campaign Works

Phase One is structured as a 12-week burn campaign that will showcase PALM’s burn utility in action and lay the groundwork for a long-term framework going into 2026.

Key Details

• Duration: 12 weeks (October through December)

• Burn Cadence: a large initial burn at launch followed by randomized weekly burns

• Bonus Burns: extra burns will be triggered when key ecosystem milestones are met, such as liquidity growth or trading-volume thresholds

All burns are fully transparent and verifiable. PALM will be sent to a dedicated $palmburn@palmeconomy ADA handle each week, permanently locked in an unspendable smart contract.

Progress will be displayed on the PALM Portal, with real-time API updates to circulating supply, market capitalization, and other key metrics. This ensures that every burn event is both impactful and visible to the entire community as it happens.

Why the Burn Matters for PALM Holders

The PALM Burn Campaign is more than a supply-reduction mechanism — it’s a core utility that reinforces the sustainability and long-term strength of the PALM Economy.

Each burn permanently decreases circulating supply, creating scarcity and highlighting value for long-term holders. It also reflects PALM’s commitment to building a balanced, evolving token economy that grows alongside the broader ecosystem.

Looking ahead, future burn cycles will work in parallel with rebates, staking, oracles, and DAO initiatives, aligning ecosystem growth directly with token value. Each burn will not only reduce supply but also represent measurable progress within the expanding PALM Economy.