Tokenomics
Understanding $PYRE token economics and the burn mechanism.
$PYRE Token
The fuel that powers the API economy
Payment Distribution
Every API payment in $PYRE is automatically distributed to four destinations:
Permanently removed from circulation. Sent to a null address, reducing total supply with every API call.
Goes directly to the API provider. This incentivizes developers to build and maintain high-quality APIs.
Distributed to $PYRE token holders. The more you hold, the more you earn from platform activity.
Platform development and operations. Used for infrastructure, marketing, and ecosystem growth.
The Burn Mechanism
The burn mechanism is at the core of PYRE's value proposition. Here's why it matters:
📉 Deflationary Pressure
With 30% of every payment burned, the total supply decreases over time. More API usage = more burns = less supply.
📈 Scarcity Creates Value
As supply decreases and demand for API services grows, the remaining tokens become increasingly scarce.
🔥 Transparent & Verifiable
Every burn is recorded on-chain. You can verify all burns on Solscan in real-time.
Example: API Payment Flow
Let's say you make an AI chat API call that costs 100 $PYRE:
Burn Projection
Based on projected API usage, here's how the burn might look over time:
| Timeframe | Daily API Calls | Tokens Burned | Supply Remaining |
|---|---|---|---|
| Month 1 | 10,000 | ~1.5M | 998.5M |
| Month 6 | 100,000 | ~50M | 950M |
| Year 1 | 500,000 | ~150M | 850M |
| Year 2 | 1,000,000 | ~350M | 650M |
* Projections are estimates based on assumed growth. Actual numbers may vary.
Why This Model Works
For Users
- ✓ Pay only for what you use
- ✓ No subscriptions or commitments
- ✓ Holding tokens = earning rewards
- ✓ Transparent on-chain payments
For Holders
- ✓ Deflationary supply
- ✓ 15% of payments shared
- ✓ More usage = more value
- ✓ True utility-driven token