Decentralized GPU network io.net said on Thursday that it has launched its Incentive Dynamic Engine (IDE), a tokenomics model that burns $IO tokens based on network revenue. The company said it expects to burn at least 12 million $IO over the next year, with the first burn taking place the same day.
The launch coincides with io.net’s claim of its strongest commercial period: an $8 million enterprise contract, which the company said contributes roughly $650,000 in monthly on-chain network earnings. A second enterprise deal is in advanced stages, io.net said.
How the IDE works
Under the IDE, at least 50% of post-payout network revenue in $IO is permanently burned. Supplier payouts are pegged to a stable USD value and buffered by reserves, a design io.net said is meant to retain compute capacity regardless of token price swings.
Third-party firm CryptoEcon Lab stress-tested the model against a 55% demand drop and a 50% token price crash, with supplier returns remaining stable in both scenarios, according to io.net’s litepaper.
“Most token economies in our space are still built around the hope that prices go up. Ours is built around the certainty that people are paying to use the network,” said Gaurav Sharma, CEO of io.net.
The company also said it is processing over 4 billion AI tokens per day on OpenRouter.
