The decentralized AI infrastructure project said 11 million AIA have been burned, including a second batch of 10 million, with future burns to be funded by protocol revenue and its AI trading model.
DeAgentAI said it has finished its $5 million AIA token buyback plan, marking a supply reduction step for the decentralized AI infrastructure project operating in the SUI and BNB ecosystems. The project said a total of 11 million AIA have been burned, including a second batch of 10 million tokens that represented 23.1% of repurchased tokens. It also said it has introduced a quarterly burn mechanism, with funding set to come from protocol revenue and its AI trading model. Token buybacks and burns are typically used to reduce circulating supply, a structure projects often present as a way to reinforce long-term token economics.