Svmuu News: DeAgentAI, a decentralized AI infrastructure project in the SUI and BNB ecosystems, announced that it has completed a $5 million AIA token buyback program. It is reported that the first batch of 1 million AIA tokens was burned earlier, and the second batch of 10 million AIA tokens has now been completed, bringing the cumulative total burned to 11 million tokens—representing 23.1% of the total repurchased—all of which were sent to a burn address for permanent destruction.
In addition, DeAgentAI announced the official launch of its quarterly burn mechanism. Moving forward, the AIA burn plan will be executed on a quarterly basis, marking the transition of the deflationary mechanism into a routine phase. The funds for the buyback come from the project’s protocol revenue and profits generated by its proprietary AI trading models, and are unrelated to external financing or token issuance.
DeAgentAI Completes $5 Million AIA Buyback Program; Second Batch of Token Burn Executed
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