Treasury Update: Where ~880M $ASHEM Went
Summary
Ash & Ember | $ASHEM announces a treasury update detailing where ~880M $ASHEM went: 350,000,000 burned, 500,000,000 moved to Ember Reserve, and ~30,000,000 designated for operational use. Ember Reserve has a published policy and runbook focused on burns or Burn & Earn locked liquidity. Members are encouraged to verify the wallets and transactions on-chain.
🔥 Treasury update — where ~880M $ASHEM went
— 350,000,000 $ASHEM burned:
https://solscan.io/tx/3NCYDya3zHdUGhcJKBBzUhgw4rkTBWYSodJ2xjaBw6sJktkyidyjXirCmZWpQM2gzBkx1iqd2sHRhQv11BPv7oPR
— 500,000,000 $ASHEM moved to Ember Reserve:
https://solscan.io/account/2vPwdFBLHBriu53vZ9c6fKidtMbdmLssKDB6Xpo4TJSW
— ~30,000,000 $ASHEM designated for operational use:
https://solscan.io/account/Adwbuucngmsh6ASpjk2vQBtnGMkYASCLiDUehAhikTQb
Ember Reserve has a published policy and public runbook: its intended outputs are burns or Burn & Earn-locked liquidity, not a sellable wallet.
scripts/bucket-b-prep.sh reads current on-chain state and prepares the monthly action. Above 300M supply, the burn calculation is capped by the floor, Reserve balance, and a 10% circuit breaker. At the floor, the mechanism switches to a documented manual Burn & Earn liquidity runbook.
No fixed schedule. No fixed funding source.
Verify the wallets and transactions yourself — that’s the point. 🔥
