AgentLayer is celebrating its first anniversary with a major milestone that emphasizes the continued growth and value of its $AGENT token. On November 30th, the project successfully conducted its inaugural token burn event, aimed at boosting the token’s scarcity and supporting the long-term stability of its economy. This event, which involved the burn of 1,004,019 $AGENT tokens, represents 25% of the revenue from AgentLayer’s AI Agents. The token burn will be a recurring event each month, ensuring a strategic reduction in the token’s circulating supply and creating more value for investors over time.
The process of token destruction was fully transparent, recorded on the blockchain, and made publicly verifiable. With this burn, the total supply of $AGENT tokens is now reduced to 998,995,979, highlighting AgentLayer’s commitment to investor protection and careful economic management.
Transaction Details
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To celebrate this achievement, AgentLayer partnered with Gate.io, a prominent cryptocurrency exchange, to offer a variety of exciting rewards for its community. From November 30th to December 14th (UTC+8), participants can engage in trading activities to share in a reward pool of up to $25,000 in $AGENT tokens. Additional prizes are available through completing specific tasks, and new users who make their first transaction can enjoy an exclusive prize pool of $7,000.
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Moreover, AgentLayer is also offering a fixed-term investment plan that promises up to 150% annualized returns, giving investors a secure way to grow their holdings.
In addition to the token burn and the Gate.io event, AgentLayer marked another significant achievement with the listing of its $AGENT token on Bitpanda, Germany’s largest exchange, on November 26th. This listing has been a key step in expanding AgentLayer’s global presence. Since the listing, the price of the $AGENT token has surged by 100%, from $0.025 to $0.055, signaling strong market recognition and investor confidence in the future of AI Agents.
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With these strategic moves—optimizing its token economy, expanding through partnerships like Gate.io, and achieving a successful European market entry via Bitpanda—AgentLayer is poised for long-term success in the global cryptocurrency landscape.
About AgentLayer
AgentLayer is an innovative decentralized AI blockchain network, designed to support the development of AI Agents. The platform provides essential tools for developers, including AgentHub for managing AI Agents and AgentStudio for creating conversational AI with ease. AgentLayer is building the foundation for a new AI Agent economy, empowering developers and enterprises to create and deploy intelligent, autonomous AI agents on a large scale.
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