io.net to burn up to 12M IO tokens tied to network revenue amid rising AI demand and $8M enterprise deal

Decentralized GPU provider io.net has introduced a new token burn mechanism linked directly to network revenue, aiming to burn up to 12 million IO tokens over the next year. This move follows record network earnings driven by an $8 million enterprise contract and over 4 billion daily AI inference tokens processed. The model permanently burns at least 50% of post-payout network revenue received in IO tokens, stabilizing supplier earnings by pegging payouts to a stable U.S. dollar value. io.net is also developing AI agent capabilities to autonomously manage computing resources, supporting a decentralized on-chain compute economy.