AgentLayer Completes Second $AGENT Token Burn
At AgentLayer, we’re committed to fostering a robust ecosystem for $AGENT and rewarding our community of investors and supporters. On December 30, we completed our second round of $AGENT token burn, marking another significant milestone in our mission to drive sustainable growth and value.
$AGENT Tokens Burned
In this latest round, we permanently burned 487,000 $AGENT tokens from circulation. Combined with our first token burn on November 30, which eliminated 1 million $AGENT, the total burned tokens now account for 0.149% of the total token supply. Each burn reflects our dedication to enhancing scarcity and providing long-term value for $AGENT holders.
Building Value Through Monthly Token Burns
Every month, AgentLayer commits to burning 25% of protocol revenue derived from our AI Agent services. This initiative reduces the circulating supply of $AGENT, creating a solid foundation for long-term growth while boosting the token’s value. ⚡
The December token burn aligns with our vision to reward holders and ensure that $AGENT remains a strong and desirable asset. Through consistent action, we’re fostering confidence and incentivizing deeper community engagement. 🌐
Strengthening Our Position in 2024
AgentLayer has set a strong precedent for success in 2024, building on an eventful year:
- Token Listing Milestones: Since listing on September 18, 2024, $AGENT is now available on major exchanges, including Gate.io, BingX, Bitpanda, and Uniswap, driving significant market activity.
- Enhanced Community Benefits: Early APGN node investors have already recouped a great part of their investment, while holders benefit from increasing token scarcity and growing demand.
Looking Ahead
Our commitment to decentralized, consistent value creation, and strategic growth sets AgentLayer apart in the AI Agent industry. With plans for continuous token burns and ambitious development goals, we are dedicated to making $AGENT a beacon of innovation and opportunity for the Web3 era in 2025.
We want to thank our incredible community for its support and trust. Together, we’re building a revolutionary platform that combines the power of blockchain with the transformative potential of AI.
About AgentLayer
AgentLayer is a pioneering protocol creating a decentralized, permissionless network for autonomous AI agents to collaborate and coordinate. Leveraging blockchain technology and advanced AI, AgentLayer is building the foundation for a new AI Agent Economy, empowering developers and businesses to create and deploy intelligent, autonomous agents at scale.
