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LAYERAI project burns nearly 100 million LAI tokens, accounting for over 3% of the total supply.

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#DeFi
$LAI
TechFlow
287Words
May 7, 2024

The AI TO EARN project LAYERAI has burned nearly 100 million $LAI tokens, accounting for over 3% of the total supply. According to on-chain data, LAYERAI completed the burning of 368,000 $LAI ecosystem fees 5 hours ago, worth over $16,000. This action was taken to purchase GPU capacity and further burn $LAI tokens. With LAYERAI gaining increasing adoption, the burning process is accelerating, signaling the imminent launch of most products.

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