Aethir Tokenomics Update Implemented: ATH Burn Dashboard Officially Launched, Offsetting 18.48% of Released Supply in First Week
November 11 - Aethir announced that its previously proposed tokenomics update has officially been implemented, with the highly anticipated ATH burn dashboard and the first batch of daily burns launched simultaneously.
According to official introduction, under the new mechanism, ATH burn funds come entirely from network fees paid by clients when booking computing power. The fixed platform fee has been eliminated and replaced by a floating network fee that varies with market conditions. The specific amount of each burn is automatically calculated by a public formula that combines the network revenue from the previous 730 hours with the 30-day ATH time-weighted average price, ensuring that the burn scale closely tracks real network activity.
Currently, the mechanism has generated preliminary data, with cumulative burns reaching 4,364,413 ATH, of which 629,516 were burned in the past 24 hours, and the burn volume over the past week has offset 18.48% of total emissions. To ensure absolute transparency, all burns are executed on the Arbitrum network and sent to a public black hole address. Anyone can verify every transaction record through the dashboard or on-chain browsers.
Additionally, the new mechanism sets a hard cap to ensure that floating network fees will never exceed the value of cloud host rewards. This means that while ensuring cloud host earnings are not compromised, the maximum supply of ATH will always remain at 42 billion. As more computing power sites come online in the future, related revenues will all be incorporated into this publicly verifiable, daily-auditable burn mechanism.