Distributed verification protocol KGeN will burn 10% of the circulating supply of tokens and introduce a deflationary model.
Foresight News reported that the distributed validation protocol KGeN will burn 22 million tokens, representing 10% of the circulating supply. These tokens come from unclaimed airdrops and unsold node allocation tokens. In addition, KGeN will use profits generated from each new AI contract to repurchase and burn KGEN tokens, thereby implementing a continuous token deflation mechanism. KGeN stated it will conduct independent audits of its revenue and publish verifiable results on-chain, allowing token holders to transparently track the relationship between real business growth and token value.
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