Today's sharing: FET

The ASI Alliance has launched the Earn and Burn program to strengthen the FET token ecosystem. The move follows a recent merger and aims to increase the utility and value of the token. The program aims to combine short-term goals with the long-term development of artificial intelligence (AGI). It also promotes cooperation within the ecosystem by involving innovators in the field.

The Earn and Burn mechanism is a deflationary method that aims to reduce the total supply of FET tokens. A portion of the fees generated through ASI services will be burned. The program aims to eliminate approximately 35 million tokens from circulation in the first year. Reducing the token supply is likely to increase value for holders while promoting sustainability and growth of the ecosystem.