$SAID Buyback & Burn #2
Burn #2 is on-chain: 2,400,402 $SAID burned (~$2,936), supply down to 988.4M. Treasury swept → 20% buyback → burned. The full cycle, end to end.
Burn #2 is done, and it's all on-chain.
- Burned: 2,400,402 $SAID (~$2,936)
- Supply: 988.4M
- Cycle: treasury swept → 20% buyback → burned
- Txn: view on Solscan
How the cycle works
Protocol revenue accrues to the treasury. On each cycle, the treasury is swept, 20% is routed to buy back $SAID on the open market, and every token bought is burned, permanently removed from supply. The remaining 80% funds the work that keeps the protocol growing.
Nothing here is a promise to do later. Each burn is a settled transaction you can open in an explorer and verify yourself: the buyback, the burn, and the new supply figure all on-chain.
Why we do it
As agent registrations and transactions grow, so does treasury inflow, and so does the amount of $SAID permanently retired. The burn ties the token directly to protocol usage: the more the trust layer is used, the more supply comes off the table.
Burn #2. → 2,400,402 solana:4rWuWZei2iFNHYpnz5wjMeSvimsJcj5EgpSNvNS1pump burned (~$2,936) → Supply: 988.4M → Full cycle: treasury swept → 20% buyback → burned → Txn: solscan.io/tx/2oonAYVxtNh…
Follow @saidinfra. Burn #3 will be posted the same way.