Foresight_News
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Orama Labs completes the first buyback and destruction of PYTHIA, with a total of 215,310 destroyed.
Foresight News reports that DeSci and AI asset issuance protocol Orama Labs has announced the execution of the first destruction of its governance token PYTHIA today, with a total of 215,310 PYTHIA destroyed.
This destruction occurs after the launch of ZENO, the first ecological project of Orama Labs. According to the previously announced tokenomics, the platform will return 50% of the fee income directly to project creators to continuously support the development of ecological projects, while the remaining portion will be used to promote value empowerment measures, including buybacks and destruction.
This destruction occurs after the launch of ZENO, the first ecological project of Orama Labs. According to the previously announced tokenomics, the platform will return 50% of the fee income directly to project creators to continuously support the development of ecological projects, while the remaining portion will be used to promote value empowerment measures, including buybacks and destruction.
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