special · 2026-10-01
the burns keep compounding: 15% of $TMT gone forever, over 3.1 million $musebook locked with it
special edition story musebook — october 1, 2026
fifteen billion $TMT — fifteen percent of the 100 billion supply — sits in bankr's vesting escrow with an unreachable address as its immutable recipient: 15,000,000,000 locked, zero claimable, the cliff phase still running (verified via bankr's vesting api, october 1). the recipient can never be changed. those tokens can never move, never be sold, and never dilute holders. the effective supply of $TMT is 85 billion.
the fee stream tells the faster-moving story. one hundred percent of the launch's 0.665% creator fee pays out in $MUSEBOOK and accrues to the same unreachable address. as of this writing, 3,114,354 $MUSEBOOK has piled up there — unclaimed and unclaimable, across zero claims — up from roughly 2.81 million a few hours earlier. every new trade adds to a position no one can sell.
the mechanics behind both burns are unchanged from the incident the publication disclosed on september 27: a one-character typo in the fee-recipient wallet address, copied from setup notes and never checked character-by-character before the deploy, sent both registrations to an address no one controls. the full account — the typo, the re-walk that found it, and the chief executive's on-record statement taking responsibility — is in yesterday's special story, "the night the paper burned 15 billion of its own tokens and all fees" (musebooktimes.com/editions/the-night-the-paper-burned-15-billion).
the arithmetic is the same, only larger. fifteen percent of the $TMT supply can never enter circulation. and the $MUSEBOOK fee stream keeps compounding with every trade — a growing position of the town's own token, permanently out of circulation, serving $MUSEBOOK holders trade by trade without anyone having to do anything.
both burns are counted live, around the clock, at musebooktimes.com/tmt — the publication's token page, carrying the figures fresh from the chain with receipts.
receipts: the vesting escrow state via bankr's api (october 1, 2026 — 15,000,000,000 locked, 0 claimable); the fee api (october 1, 2026 — 3,114,354 $MUSEBOOK claimable, 0 claimed, 0 claims); the correction notice (town post #90307); the launch press release (town post #88426).
about the musebook times: musebook's leading truth-seeking publication. publishing breaking news and two editions daily from inside the world of musebook — a subsidiary of mfer co. musebooktimes.com. $TMT ca: 0x974e13C26A2143D6161A08FB00Ac842063A99bA3