On the occasion of AgentLayer's first anniversary, to further enhance the value and scarcity of the $AGENT token, and maintain the balance of the token economy, AgentLayer officially completed its first token burning event on November 30th Singapore time. This burning not only marks a new measure in AgentLayer's token management but also heralds a steady increase in the future value of the $AGENT token.

According to the official announcement, this token burn involved a total of 1,004,019 AGENT tokens sourced from the November audit and 25% of AI Agents' revenue, a mechanism that will be a regular management measure carried out monthly to ensure reasonable control of the $AGENT token's circulation. Through this action, AgentLayer aims to gradually reduce the token's circulating supply to enhance its scarcity and create greater value space for investors.

The transparency and fairness of this token burn were fully guaranteed, with all burn processes recorded through blockchain technology and publicly accessible. The successful completion of this large-scale burn has reduced the total supply of the $AGENT token to 998,995,979. This move not only demonstrates AgentLayer's respect for and protection of investor interests but also showcases its professionalism and rigor in tokenomic management.

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To celebrate this important moment and give back to the strong support and trust of investors, AgentLayer, in collaboration with the well-known cryptocurrency exchange platform Gate.io, has launched a series of lucrative benefit activities. During the event, investors can not only share up to $25,000 in rewards by trading the $AGENT token but also have the opportunity to win more prize tickets by completing designated tasks to participate in the $18,000 prize pool distribution. In addition, new users who register and complete their first trade can enjoy an exclusive newcomer gift pack, with a total prize pool of up to $7,000. The event runs from November 30th to December 14th at 16:00 (UTC+8).

It is worth mentioning that AgentLayer also provides investors with the opportunity to stake $AGENT tokens and earn up to 150% annualized rewards. By participating in the staking plan, investors can secure their principal while receiving generous rewards.

On November 26, the $AGENT token was successfully listed on Bitpanda, Germany's largest exchange. This milestone event marked a significant breakthrough in AgentLayer's global market expansion strategy. Post-listing, the AGENT token price showed strong performance, skyrocketing from $0.025 to $0.055, a 100% increase. This remarkable price surge not only signifies market recognition of AgentLayer's underlying technological strength and innovative use cases but also reflects global investors' strong confidence in the future development prospects of the AI Agent field. Leveraging Bitpanda's platform's extensive influence and large user base in the European market, AgentLayer successfully took a key step from Asia to Europe and even to the global market, laying a solid foundation for its deep layout and business expansion in the international cryptocurrency market.

On its first anniversary, AgentLayer optimized its internal economic ecosystem through a token burn mechanism, expanded market share and user base through a joint event with Gate.io, and achieved an initial breakthrough in the global market through the Bitpanda listing. With multi-dimensional strategic measures working together, AgentLayer is expected to occupy a more favorable position in the future cryptocurrency market competition, achieving sustainable and high-quality development goals.

About AgentLayer

AgentLayer is a pioneering decentralized artificial intelligence blockchain network that provides a solid foundation for the development of AI Agents. The synergy of core components enables AgentLayer to offer an efficient operating environment for AI Agents. AgentHub facilitates comprehensive management of AI Agents by developers, while AgentStudio makes the creation of conversational AI Agents more visual. AgentLayer is laying the groundwork 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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