BREAKING
26d 15h ago

Orama Labs Burns 215,310 PYTHIA Tokens to Launch Deflationary Mechanism on Solana

Loading market data...
PYTHIA
PYTHIA

-

-

Volume (24h): -

Orama Labs Burns 215,310 PYTHIA Tokens to Launch Deflationary Mechanism on Solana

Orama Labs, a Solana-based protocol for DeSci and AI asset issuance, disclosed the inaugural burn of its governance token PYTHIA, removing 215,310 tokens from supply and activating a deflationary mechanism to support sustainable value. The move follows the debut of its first ecosystem project, ZENO, underscoring the team’s commitment to a disciplined tokenomics framework and credible long-term positioning.

Under the disclosed Tokenomics, half of platform fee revenue is directed to project creators to sustain ecosystem development, while the remaining portion funds buybacks and burns to reinforce value creation. As an issuance protocol within the Solana ecosystem, Orama Labs targets DeSci and AI-related assets with a transparent, deflationary model that aligns incentives for creators and holders alike.

Share News:
Don't Miss Breaking News
HomeFlashMarketProfile