On October 27, the Ethos Foundation completed another batch of redemptions under the WHUF sale price guarantee, covering 46 participants. It paid out $407.8k and burned 113.2k WHUF.
For anyone who bought WHUF in the sale, this shows the Foundation working through its guarantee obligations. Every redeemed token is removed from circulation, so the circulating supply keeps shrinking.
The latest batch
- Participants covered: 46
- Paid out: $407.8k
- WHUF burned: 113.2k
Running totals
Across all batches so far:
- WHUF burned: 447k, reducing circulating supply by about 21%
- Total redeemed: $1,605,758
The previous batch, announced by @ethos_network, covered 99 participants. In that round the Foundation paid out $399k and burned 110.8k WHUF, bringing the burn total to 334k WHUF, about 16% of circulating supply, and total redemptions to $1,197,500.
What the redemptions dashboard shows
The Foundation tracks progress at redemptions.ethos-foundation.org. It shows how many requests have come in and where each stands, how much WHUF has been bought back and burned, and how much USDC has been paid. Auction buyers who kept their WHUF vouched can sell it back at $3.57 per token until October 8, 2027.
This article first appeared as a post on X. Follow @ethos_network for updates.
