According to BlockBeats, on October 11, MATR1X announced via an official tweet that it has burned 906,112 FIRE tokens. The current price of FIRE is $0.97, making the total value of the burned tokens approximately $880,000. The tokens were burned as a result of various in-game activities such as character upgrades, health repairs, and bounty chest openings during the Genesis Fire Seed test.

To date, MATR1X has burned a total of 14,352,934 FIRE tokens. The platform plans to continue burning tokens through in-game consumption, further promoting the deflation of FIRE. According to the previously released 'Infinite Game Plan' by MATR1X FIRE, the platform aims to reduce the total supply of FIRE to 500 million through ongoing burns.