$IO token destruction mechanism
Io.net executes the repurchase and destruction of $IO tokens according to a fixed set of preset procedures. The specific repurchase and destruction quantity depends on the $IO price at the time of execution. The funds used to repurchase $IO come from the operating income of IOG (The Internet of GPUs - GPU Internet), and a 0.25% order booking fee is charged from the computing power buyers and computing power providers in IOG, as well as a 2% handling fee for purchasing computing power with $USDC.
