AIT Protocol Introduces Enhanced Tokenomics to Ensure Stability and Growth of $AIT
In a recent announcement, AIT Protocol unveiled its latest development aimed at securing the growth and stability of its native crypto token, $AIT. The company took to the social media platform X to share the news of the revamped tokenomics, which has already caused a 10% surge in $AIT’s price, reaching $0.32 today.
The company emphasized its commitment to ensuring the sustainability and value of $AIT, highlighting the significant changes made to enhance its ecosystem. These changes include a reduction in inflation over the next six months and the introduction of new cliffs vesting for early contributors.
AIT Protocol also emphasized its focus on further improving the adoption and stability of $AIT. The company made crucial modifications to its tokenomics to improve the value and sustainability of its ecosystem. The updated tokenomics feature a substantial decrease in inflation over the next six months, along with exclusive cliffs vesting for early contributors and investors.
In addition to these changes, AIT Protocol has updated the maximum supply of the token to better serve its consumers. The platform has also introduced a reflected token burn mechanism, allocating up to forty-five percent of the coins in circulation. This move is expected to kickstart a new season of growth and adoption for $AIT.
Furthermore, the company conducted a buyback of nearly $200K tokens and subsequently burned them to increase the value of the token. AIT Protocol believes that these developments will elevate the value of $AIT and pave the way for further growth and adoption in the future.