DeAgentAI Initiates $5 Million AIA Token Buyback and Burn Plan

DeAgentAI, a decentralized AI infrastructure project within the SUI and BNB ecosystems, has announced the launch of a $5 million AIA token buyback and burn initiative. According to ChainCatcher, the funding for this plan will come from the project's protocol revenue and transaction income generated by its proprietary AI model. The buyback will be executed in three phases over 90 days on the open market, with all repurchased tokens being permanently removed from circulation. There will be no lock-up or redistribution arrangements involved. The first phase of the AIA buyback and burn has already been completed. DeAgentAI emphasized that the buyback funds are sourced entirely from the project's own business income, not from external financing or additional token issuance. The burn records will be continuously updated.