The promise
Half of profit buys $TOKEN and burns it.
50% of all profit — what is left after the upstream inference bill and after active development — is swapped for $TOKEN on the open market and burned.
Profit, not revenue. Revenue pays the upstream inference bill before it is anyone’s to promise, and a pledge against revenue is a pledge to run out of money. The distinction is the only reason this promise is keepable.
Measured, all recorded days
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Straight from the gateway’s own ledger, the same feed behind /stats. Gross is revenue minus the upstream bill only — it is not the burn base.
What actually gets burned
revenue
Every paid call, x402 and subscription alike. Measured above.
− upstream inference
What the providers charge us. Measured above, per call, on every receipt.
− active development
Machines, people, and the work of keeping this running. Not measured by this system. It is declared, and it is the one line here you have to take on trust — which is exactly why it is named instead of folded quietly into the number above it.
= profit → 50% buys and burns $TOKEN
Swapped on the open market, then sent to the burn address. The other 50% is retained.
$TOKEN is a payment rail, directly
The gateway quotes every call in $TOKEN alongside USDC, and a payer sends the plain mint — no wrapper, no deposit, no second transaction. Paying that way moves $TOKEN to the treasury address below, which anyone can watch. That is the whole mechanism: demand arrives as payment, and it is visible on chain.
Until 24 August 2026 this rail settled through wTOKENx, a Token-2022 twin whose 20bps transfer fee was split and half burned. That wrapper still exists on chain and still behaves that way for anyone holding it, but it is no longer part of paying for inference — accepting it meant asking a buyer to mint an unfamiliar asset before they could spend, which is a step automated buyers decline. No burn is claimed on payments any more.
Check it yourself
Revenue and upstream cost are published per day and per call. Burns land on chain under the token’s mint. Neither needs to be taken on faith.