27 Feb 202412:40
Project update
![AIT Protocol conducted the second AIT burn in the last 7 days](/_next/image?url=https%3A%2F%2Fcryptodiffer-image-bucket-production.s3.amazonaws.com%2F51f7fddc-d809-4e54-bfe9-d62f8dd132f8%2Fimage.png&w=3840&q=100)
AIT Protocol conducted the second AIT burn in the last 7 days
AIT Protocol has burned 140M AIT tokens worth ~$110M bringing the amount of burned tokens to 304M (30.4% of the total supply). Last week, AIT Protocol burned almost 164M AIT and started weekly burns of 2.5M AIT for the next 15 months.
Source