Spheron Kicks Off $SPON Buyback Program, Begins Burning Supply

The decentralized compute network ties token scarcity to AI demand, aiming to build a self-sustaining economy for providers, developers, and ￰0￱ compute network Spheron has kicked off an ongoing buyback-and-burn program for its native token, $SPON, executing the first cycle this ￰1￱ company said it repurchased 0.625% of total supply, worth $500,000 at an $80 million FDV, with all tokens set to be permanently burned, reducing overall ￰2￱ process will now continue on a recurring basis, with future buybacks tied to network revenue and compute ￰3￱ the Mechanism Works The move is part of Spheron’s “Secure Compute” initiative, which links revenue from GPU rentals directly to token ￰4￱ Secure Compute Flywheel is built around a simple principle: every increase in network usage creates value for $SPON ￰5￱ providers collateralize GPUs with $SPON and offer subsidized rates to ￰6￱ demand spikes, surplus margins are generated and funneled back into the ecosystem through buybacks at or above the token’s launch floor ￰7￱ repurchased tokens are permanently destroyed, introducing consistent deflationary pressure.

“Our first $SPON buyback shows real impact, linking decentralized compute usage to tokenomics,” said Prashant Maurya, Spheron’s co-founder and CEO. “Every workload on Spheron powers AI innovation while making $SPON scarcer, stronger, and more valuable.” Burn the Token, Grow an Ecosystem Spheron has rapidly scaled its network, now counting 44,000+ nodes across 170 regions, more than $100 million in distributed compute, $16 million in annual recurring revenue (ARR), and a community of over 400,000 ￰8￱ $SPON token facilitates transactions, governance, and now deflationary ￰9￱ company said the recurring buyback-and-burn cycle is designed to reward providers, lower costs for users, and benefit token holders to reinforce its goal of building a sustainable compute economy for its growing community.

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