**"Request for Information on STORJ Tokenomics Updates"**

"Hello Storj Team,

I would like to know if there are any plans for a new token burn or buyback program in 2025 or in the future. Previously, there were token burns and a buyback program that helped manage the supply. Is there any updated roadmap, policy, or specific targets regarding further token burns or supply reduction initiatives?

Thank you for your time and support!"

1 Like

5 Likes

Is this the answer to my question ?

Every tranche of tokens has been unlocked: what Storj has now is all they get without touching the market. There’s no reason to burn them: they’re utility tokens - it would be like burning tools. And the only reason Storj would buy them is to send them back into the market as SNO payouts.

It’s not a token you buy for appreciation. You get some as a SNO, sell it, and it keeps circulating to be used for payouts forever.

(Edit: And why do you believe there was a buyback and burn program? You may be confusing the conversion from SJCX → STORJ when they moved to ERC20? )

8 Likes

Wasn’t this exact question not already answered dozens of times? Why ask it always again and again? Do you expect another answer to the same question?

Edit: here is for example one of the answers of your questions

What exactly is your plan here? Are you interested in investing? Do you want to recover losses? Or are you just rage baiting?

3 Likes

If you look at their couple weeks of post history:

  • They made bait posts in their “Question about x account” thread… until it was locked.
  • They made bait posts in their “About supply and future planning” thread… until it was locked.

So here… they started a new thread again… and are likely to keep spewing crap until the mods stop them.

Have you ever seen parents with a problem child in the supermarket? Where the kid is rolling around on the floor screaming and kicking: simply to to get everyone to look at them? Once you see there’s no actual problem… you just ignore them until they wear themselves out.

(Edit: And he derailed this convo so hard Storj locked their own Town Hall thread?!?)

3 Likes

I think that guy should be banned. stupidity is not a vice, but he is clearly abuses it

2 Likes

Hello @Helpcenter15. Welcome to the forum - what a cool thread to see and finally think “That’s it, I’m joining the community” :slight_smile:

1 Like

Thank you dude but dont rely on reserve
Good luck

Storj is not focused on tokens, Storj is focused on providing the distributed storage and distributed CPU/GPU compute, also the Object Mount, and to build a complete platform.
Tokens just a convenient method to transfer a value, which is still calculated in USD on every side.

Even GPU computing is not covered by the ability to pay in tokens yet, but we are working on it.

2 Likes

Ok thank you dear for clarification

Please watch Storj Town Hall - April 30th, 2025, it has updates on tokenomic too.

1 Like