io.net Revamps Tokenomics With Incentive Dynamics Engine, Commits to IO Token Burns

DePIN project io.net has rolled out its Incentive Dynamics Engine (IDE), a new framework designed to link the IO token supply directly to real network usage. The project said it will permanently burn at least 50% of network revenue after provider payouts, and expects to destroy at least 12 million IO tokens over the next 12 months. The update was reported on June 11 (UTC+8), according to ME News. (Source: Foresight News)