On the occasion of AgentLayer's first anniversary, in order to further enhance the value and scarcity of $AGENT tokens and maintain the balance of the token economy, AgentLayer officially completed its first token destruction event on November 30, Singapore time. This destruction not only marks AgentLayer's new initiative in token management, but also indicates the steady increase in the value of $AGENT tokens in the future.

According to the official announcement, this token destruction involves a total of 1,004,019 AGENT tokens, and the destroyed tokens come from 25% of the audit and AI Agents revenue in November. This mechanism will be used as a normalized management measure and will be carried out monthly to ensure that the circulation of $AGENT tokens is reasonably controlled. Through this move, AgentLayer aims to gradually reduce the circulation supply of tokens, thereby enhancing their scarcity and creating greater value space for investors.

The transparency and fairness of this token destruction have been fully guaranteed, with all destruction processes recorded through blockchain technology and publicly accessible for inquiry. The successful completion of large-scale destruction has reduced the total supply of $AGENT tokens to 998,995,979. This initiative not only reflects AgentLayer's respect and protection of investor interests but also demonstrates its professionalism and rigor in token economic management.

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To celebrate this important moment and give back to the support and trust of investors, AgentLayer has partnered with the well-known digital currency trading platform Gate.io to jointly launch a series of rewarding benefit activities. During the event, investors can not only share rewards of up to $25,000 by trading $AGENT tokens but also have the chance to win more vouchers by completing designated tasks to participate in the $18,000 grand prize pool. In addition, new users who register and complete their first transaction can enjoy an exclusive newcomer gift package, with a total prize pool of up to $7,000. The event runs from November 30 to December 14, 16:00 (UTC+8).

It is worth mentioning that AgentLayer also provides investors with the opportunity to lock up $AGENT tokens to earn up to 150% annual returns. By participating in regular financial management programs, investors can ensure the safety of their principal while obtaining substantial returns.

On November 26, the $AGENT token successfully listed on Bitpanda, Germany's largest exchange, marking an important breakthrough in AgentLayer's global market expansion strategy. After listing, the price of AGENT tokens performed strongly, soaring from $0.025 to $0.055, an increase of up to 100%. This significant price increase not only shows the market's high recognition of AgentLayer's underlying technological strength and innovative application scenarios but also reflects the strong confidence of global investors in the future development prospects of the AI Agent field. With the widespread influence and large user base of the Bitpanda platform in the European market, AgentLayer has successfully taken a key step from Asia to Europe and even the global market, laying a solid foundation for its subsequent deep layout and business expansion in the international cryptocurrency market.

On the occasion of its first anniversary, AgentLayer optimizes its internal economic ecosystem through a token destruction mechanism, expands market share and user base through joint activities with Gate.io, and achieves initial breakthroughs in the global market through its listing on Bitpanda. Multi-dimensional strategic measures are expected to work together to secure a more advantageous position in the future cryptocurrency market competition and achieve sustainable, high-quality development goals.

About AgentLayer

AgentLayer is an innovative decentralized artificial intelligence blockchain network that provides a solid foundation for the development of AI Agents. The synergy of core components allows AgentLayer to provide an efficient operating environment for AI Agents. AgentHub facilitates comprehensive management of AI Agents by developers, while AgentStudio makes the creation of conversational AI Agents more visual. AgentLayer is laying the groundwork for a new AI Agent economy, empowering developers and enterprises to create and deploy intelligent, autonomous AI Agents on a large scale.

This article comes from submissions and does not represent the views of BlockBeats.