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#VELAAI 📢【VELA AI Announcement｜Fully Upgraded Deflation Mechanism】
In view of the recent market volatility and excessive selling pressure, in order to ensure the long-term stable development of the project ecology, VELA AI has completed the full release and excess destruction of all early private placement tokens, destroying a total of 35 million tokens.
At the same time, some private placement tokens originally planned to be released linearly in the next 6 months have now all been locked indefinitely, and no tokens will be released in the future ecological construction.
🛡 The project party promises:
1️⃣ All private placement tokens have been repurchased and destroyed
2️⃣ There will be no subsequent token unlocking arrangements
3️⃣ The current circulation will be used as the circulation limit in the next 2 years
4️⃣ The project party will repurchase and destroy the market from time to time to strengthen the deflation model
🚀 VELA AI will continue to build a credible, transparent, and sustainable decentralized asset infrastructure with AI × RWA, move forward steadily, and firmly build long-term value.