# Token Burn (proposal)

**URL:** <https://talk.harmony.one/t/token-burn-proposal/460>\
**Category:** Ideas\
**Created:** [March 31, 2020, 8:25pm UTC](https://talk.harmony.one/t/token-burn-proposal/460 "2020-03-31T20:25:46Z")\
**Posts on this page:** 1\
**Page:** 1

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**Author:** ![Misha](https://avatars.discourse-cdn.com/v4/letter/m/c6cbf5/32.png) [@Misha](https://talk.harmony.one/u/Misha)\
**Post date:** [March 31, 2020, 8:25pm UTC](https://talk.harmony.one/t/token-burn-proposal/460/1 "2020-03-31T20:25:46Z")

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Harmony Foundation owns 8.2+ billion tokens:

one1v8slq3ajf7kmhrskrrupp7dewvnqnmmdlfezfu  
one1a5fznwvnr3fed9676g42u7q30crtmmkk5qspe9  
one1fr252qlyl3zc6z43g3lr3pa0s9f252t9rhjmxk  
one1ysack4ympjqrycww3ptygs8yrmwtna7fxlgsnk

Why so much? Not like decentralization. Moreover, these tokens are free. Why not burn half? Token price fell 15 times per year (0.03 -\> 0.002), it is not noticeable that this worries the team. You will burn 0.2 billion from 8.2 billion. This is ridiculous 🙂 Support holders!