FET

The ASI Alliance has launched the Earn and Burn program to strengthen the FET token ecosystem. The move comes after the recent merger and is intended to increase the utility and value of the token.

The program anticipates a significant increase in demand within the ecosystem to balance this reduction. It is expected that activities such as API usage, staking, and other utility functions will require an additional 44 million FET tokens over the same period. It is expected that demand growth may exceed the planned token burn, resulting in a favorable supply and demand balance.