IO token has burned nearly 500,000 units driven by actual utility, with an expected burn of over 12 million in the next year.
Selam amigos
A few days ago I mentioned @ionet's new IDE model and the burning/buyback plans against token inflation.
In a short time, about 500K $IO have already been permanently removed from circulation. As the @ionet network is used, even more will be burned. This is what is called Utility-Driven.
In short, as the number of network users, AI requests, and partnerships with institutions increase, net revenue also rises.
The network is being used. As a result, revenue is generated and $IO tokens are burned with that revenue.
Moreover, this was just the beginning. Considering @ionet's real‑time usage and growth data, more than 12 million $IO are expected to be burned in the coming year.
Every day 4 billion tokens are processed on OpenRouter, and demand for this decentralized GPU infrastructure keeps growing. So we’ll likely see these burn tweets often.
In summary, there are hundreds of projects on the market that survive only on speculation and empty promises.
But @ionet is making great progress as an ecosystem that runs a massive AI infrastructure and creates real value, pushing its own token further.
For more details:
https://t.co/mBorwN0elx