io.net Launches Incentive Dynamic Engine, Plans to Burn 12M IO Tokens

IO-5.43%
According to Foresight News, decentralized infrastructure (DePIN) project io.net today launched its Incentive Dynamic Engine (IDE), a mechanism that ties IO token supply directly to network usage. The protocol commits to allocating at least 50% of network revenue, after provider distributions, to permanent IO token burning. io.net expects to burn a minimum of 12 million IO tokens over the next 12 months.
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