Spheron Launches Ongoing $SPON Buyback Program With First Token Burn
Spheron, a community-powered compute stack for AI, announced the successful execution of its first $SPON token buyback and burn under its Secure Compute program. This move is part of Spheron’s wider mission to create a deflationary cycle that strengthens the token as network adoption grows. As part of this first cycle, Spheron bought back 0.625% of the total $SPON supply for $500K at an $80M FDV (Fully Diluted Value) from