Aethir's First Week Burn Offsets 18.48% of Release Volume, Launches ATH Burn Dashboard

The Aethir tokenomics update has been officially implemented, with the ATH burn dashboard launching simultaneously with the first batch of daily burns. Under the new mechanism, the funds for ATH burns come from network fees paid by customers when they reserve computing power, with fixed platform fees eliminated in favor of variable network fees. The amount burned each time is automatically calculated using a formula that considers the network revenue from the previous 730 hours and the time-weighted average price of ATH over the past 30 days. A total of 4,364,413 ATH have been burned so far, with 629,516 burned in the last 24 hours, offsetting 18.48% of the total release volume over the past week. All burns are executed on the Arbitrum network and sent to a public black hole address, with transaction records verifiable through the dashboard or on-chain explorers. The variable network fee has a cap, not exceeding the value of cloud host rewards; the maximum supply of ATH remains at 4.2 billion. Future revenues generated from more computing power sites will also be included in this burn mechanism.

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